After a Rs 10 dip, onion prices soar again, breaches Rs 110 per kg mark in Chennai

The price of Andhra Onion, which was considered to be that of second quality is now selling at Rs 85 per kg

Published: 03rd December 2019 05:13 AM  |   Last Updated: 03rd December 2019 08:21 AM   |  A+A-


For representational purposes only

Express News Service

CHENNAI: Onions have breached the Rs 110-mark-per kg in Koyambedu wholesale market again after a fall of Rs 10 a couple of days ago due to lack of supplies of onions from Karnataka.

Abdul Khader, secretary of Koyambedu Vegetable Wholesale Merchants Association, said the price of onion has breached Rs 100 again and is in the range of Rs 110 to Rs 120 in the wholesale market. This comes after the onion prices fell and was hovering at Rs 90 per kg.

While some onion traders in Koyambedu are hoping that the price of onion could even touch Rs 150 per kg, Abdul says it is too early to predict. "I think the prices will return to normal in the next 10 days as the arrival of fresh crops has begun," he says.

Bhaskar an onion trader said that the surge in the prices is due to rains. "Today there was no supply of Bangalore Onions. We only had limited stock of Nasik onions. The entire wholesale market doesn't have onion stock," he says.

The stocks which will arrive tomorrow won't be enough so the prices can appreciate, he says. the price of onions is now reaching a new high resulting in consumers cutting down the usage of the vegetable.

Meanwhile, the price of Andhra Onion, which was considered to be that of second quality is now selling at Rs 85 per kg, says Bhaskar.

S Chandran, Market management Committee Licensed Merchants Association President and Anaithu Sangankalin Kootamaipu general secretary, told Express that the Onion prices in the Koyambedu market have not gone beyond Rs 100 per kg. "Maybe in the semi-wholesale market, the price may have appreciated by Rs 110 to Rs 120. That is for the best quality of Onions. Onions, considered to be secondary quality, still are available for Rs 4,000 (Rs 80 per kg), he says.

Stay up to date on all the latest Chennai news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp