If you are planning to buy or sell onions, this news is crucial for you! Onion prices have skyrocketed, reaching a maximum of ₹3000 per quintal. In just one day, the rates have surged by ₹7 to ₹8 per kg, creating a stir among farmers and traders.
The prices in major markets of Madhya Pradesh, including Indore, Ujjain, and Shajapur, are witnessing a sharp rise. But what is the reason behind this sudden spike? Read on to find out the latest onion prices in your city!
| Onion Quality | Minimum Price (₹/Quintal) | Maximum Price (₹/Quintal) |
|---|---|---|
| Extra Quality | 2700 | 3000 |
| Super Onion | 2400 | 2700 |
| Average Onion | 2100 | 2400 |
| Golta Golti Onion | 1400 | 2000 |
| Chhata Onion | 400 | 1400 |
| Onion Quality | Minimum Price (₹/Quintal) | Maximum Price (₹/Quintal) |
|---|---|---|
| Extra Super Lot Onion | 2600 | 2700 |
| Super Onion | 2300 | 2500 |
| Average Onion | 1800 | 2200 |
| Golta Onion | 1300 | 1700 |
| Golti Onion | 500 | 1200 |
| Chhata/Damaged Onion | 500 | 1000 |
| Onion Quality | Minimum Price (₹/Quintal) | Maximum Price (₹/Quintal) |
|---|---|---|
| Extra Super Onion | 2800 | 2900 |
| Super Onion | 2600 | 2800 |
| Average Onion | 2300 | 2500 |
| Golta Onion | 1600 | 2000 |
| Golti Onion | 800 | 1400 |
| Chhata Onion | 600 | 1000 |
Why Are Onion Prices Rising?
The surge in onion prices is primarily due to an imbalance in supply and demand. Recent weather changes and a decline in production have impacted market arrivals. Additionally, large-scale stockpiling by traders has contributed to the price hike.
