Onion Prices Skyrocket: Supply crunch spikes prices by 70%

2024 • 3min • News • Business


Published On: July 05, 2024 - The average price of Onions in India has crossed the Rs 40/kg mark. A supply shortage from Nashik, the main production hub for onions in India, seems to be driving the prices up. Traders say farmers are holding stocks in anticipation of higher prices in Sept-Oct.