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Onion prices surge at weekly market

Onion prices surge at weekly market

At the weekly market, shallots were sold at prices ranging from ₹100 to ₹150 a kg.

KumudamBizNews REGION 1 நிமிட வாசிப்பு
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The price of onions (smaller variety) or shallots touched ₹150 a kg at the weekly market in Punjai Puliampatti in Erode district on Thursday.

The weekly market, held every Thursday, receives shallots and big onions from various districts of Tamil Nadu, including Erode, Coimbatore, Namakkal and Tiruchi, as well as from Karnataka.

People from more than 50 villages in the surrounding areas visit the market to buy vegetables.

At the weekly market, shallots were sold at prices ranging from ₹100 to ₹150 a kg.

The big onions, meanwhile, were priced at ₹40 to ₹50 a kg.Traders attributed the rise in shallot prices to reduced arrivals and increased demand ahead of Deepawali.

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