Onion prices shot ups will be come down soon?

 Most of the traders believe that It is most likely that within the next 10 days, you will see normalization in onion prices.

Potato, onion, and tomato are some of the basic vegetables that every person eats, whether he is poor or rich. What is special is that whenever we read their prices, it is obvious that the poor person has trouble the most because of his thoughts. See, onions start selling for ₹100 kg more often.

You must have often heard about tomatoes, too, that the price has risen many times. So recently, it has been seen here that the price of onions has risen rapidly across the country. In some areas, it is being sold for more than ₹ 100 per kg. So we will understand a little about what exactly has happened now, what the reason is, and when the situation can improve. Let us explore the situation.

First of all we will see what exactly has happened. Look, here is the all-India average retail price of onion, we are specifically talking about onion here, which has been reported by the price monitoring cell, which comes directly to us from the Ministry of Food and Civil Distribution, they say that the average onion price across the country right now is ₹ 60 per kg, in fact I was seeing that ₹ 100 is also being reported, the overall situation is that if you look at the metro cities and big cities, whether Pune, Delhi, Chandigarh, you will see more than ₹ 100 per kg there, so the question here is what is the reason for its increase and by when can there be a relief.

The government says that we are keeping a close eye on it, whatever changes are happening, complete monitoring is being done on it and there is a plan to control the price as soon as possible. Efforts are being made. Now the question here is, why is the price increasing? Look, it has been told that you see in the past few times, the price of onion here was stable for many months, meaning it was available at a reasonable price, it was not too expensive and now what the situation is that the traders in the wholesale market in Nashik, Maharashtra, especially because the highest onion production of the country is seen in Maharashtra only, so the traders there in the wholesale market are saying that look, this current situation is temporary, supply is to come here very soon and as soon as the supply comes, the prices of onion will go down.

Now the main reason behind this is that the previous stock that was running till now was the Rabi season stock, let me tell you that the harvesting of Rabi season happens in March 2024, so this supply has been going on continuously since March, it was going on till now, but the new stock which is to come has not reached the market yet, there has been a slight delay in it, so due to this it is being told that there is a mismatch of supply-demand, due to this you will get to see the price rise,

In fact if you see, you will know that in Lasal Gaon Wholesale Market, which is the largest onion market in the country, the daily arrival of onions is only 200 to 250 tonnes, now why is this important because normally around 1000 tonnes arrive there, but hardly 200 to 250 tonnes of it is coming there, so obviously the supply is not happening that much, so Due to this, the prices have increased but here I would also like to tell you that many experts believe that the government also controls the sellers,

The government has control over the wholesale market, While the side government has no control over retail, and due to this many retailers take advantage of this here the price is also increased in a wrong way many times, so that is also being told as a reason here but the question here is that when will this situation become normal again, look onion which is grown in the country, you will get to see it in three cycles, here the farmers in Maharashtra basically do Kharif onion crop by sowing it in June and July and its harvesting takes place from October onwards This year in October what happened at this time there was a slight delay in the rain and due to that there was a slight delay in harvesting, along with this you know that this time Diwali also fell at the end of October, so the reason for that Due to the holiday atmosphere, a slight delay has been seen here.

Then the other crop is the late kharif crop. It is basically sown between September and October and its harvesting takes place after December.

The second cycle and the third cycle which is the most important Rabi onion crop, its sowing is done in December-January and its harvesting takes place in March, and what customers are getting till now for their consumption is Mar harvested crop 

The sowing that has been done this time, Kharif 2024, whose harvesting was to be done now and was to come to the market, it has not reached, This year Kharif Onion sowing as compared to last year has increased too many folds, last year sowing was done in 2.85 lakh hectares, this time sowing has been done in 3.8 lakh hectares, so this has happened quite well, the expectation was also the same that the onion will reach the market in large quantity earlier and the prices will not increase, but the reason I told you is that there was a little delay in rains, Diwali has come, due to this there is a little delay here and the late Kharif sowing crop has actually been sowed a little less as compared to last year.

Most of the traders believe that It is most likely that within the next 10 days, you will see normalization in onion prices. Overall, if we talk about the outlook, in the coming times, things will depend on the farmers to a large extent on how they grow things here, how much they grow in Rabi crop here, because as I told you about Rabi crop, sowing is done in December and January and harvesting is done in March, this is most important.

 so in the future, in the next 1-2 years, how much they sow in Rabi crop will matter more because your entire stock is running in the market from March onwards and the supply of the same is still going on and this is what has happened recently, as I told you, the supply has reduced a bit now because it has been a very long time and at the same time, another problem has happened that in many countries like Sri Lanka, United Arab Emirates, Bangladesh, there is also a shortage of Indian onions. The demand has come a little but traders say that at this time there is not enough supply to meet the demand of those countries as well. Well, there is another aspect of onion here because Maharashtra, as I told you, is a very important place from where onion is supplied, so what will be its effect on Maharashtra elections, I will tell you, actually this is being told what happens in normal cases, you will remember that whenever there is an election in any state or Lok Sabha election comes, if the prices of onion, tomato and potato increase, then it becomes a big issue, but in Maharashtra you will see a little opposite because there are many farmers here who grow it, so at this time the price in the wholesale market is going up quite well, due to which farmers are also getting a little benefit here, due to this it is being said that the ruling government in Maharashtra at this time, , BJP and all their allies can get benefit from this, especially I tell you Let me tell you that in the Lok Sabha elections that were just held, out of the six seats from six places, which are called onion belt, Ahmednagar, Aurangabad, Nashik, this entire area is called onion belt, so out of these six seats, BJP lost five seats and the main reason given here was that the government had imposed an export ban so that onion prices do not rise, meaning onions do not go out of the country because if they went out, the supply would decrease in the country and prices could rise and this entire region that I told you, 34% of the country's onions come from here, so the farmers were very unhappy with this but the government understood this thing and immediately lifted the export ban just after the elections and because of this, it is being said that this time maybe BJP might get to see its benefit.