Rising onion price likely to pinch pockets till Nov

Onion prices, which have soared to Rs 60-Rs 70 a kg in the past few days, are likely to remain so till early November, when fresh stock from Andhra Pradesh and Karnataka is expected to arrive. Because of the untimely rain and flood-like situation in Maharastra, which have wreaked havoc on onion production in Nashik, the vegetable has been burning holes in Kolkatans’ pockets. The sorted onion, packed in plastic bags, is selling at Rs75-Rs 80 per kg now.

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