Stock advisory Company, Onions making you cry? Increased supply to cool down prices in 2 weeks

As farmers await warm weather to boost harvesting, supply to mandis might increase by the third week of January

Consumers are likely to get respite from high onion prices in the next two weeks following increased supply of new season crop from major producing centres in Maharashtra and Gujarat, India's two large onion producing states. 

Farmers in Maharashtra's four major onion producing districts – Nashik, Ahmednagar, Pune, and Solapur – have started harvesting the bulb in small quantity, which is set to intensify in two weeks from now. Thus, the supply is likely to get a boost in the coming weeks. So far, onion supply remained lacklustre due to lower availability of the last season crop in cold storage. The delay in sowing has proportionately delayed harvesting of the crop for the current season.

Onion consumers have been at the receiving end of high prices for the past several months. Despite several efforts made by the government, onion prices remained elevated on expectations of reduced availability of the bulb for the season 2017-18.

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