Wholesale onion price surges to Rs 120 per kg in Chennai

Chennai | Wednesday | 4th December, 2019

Summary:

C Shivakumar ByExpress News ServiceCHENNAI: Onion prices have hit a record high in the city, and is being sold at Rs 120 per kg in the wholesale market. The traders claim that it would soon breach Rs 150 mark as the promised imports from Turkey and Egypt are yet to reach Indian shores. In the retail market, the onion was being sold between RS 160 and Rs 180 per kg in places like Pattalam and suburbs, while it was priced at Rs 130 to Rs 140 in supermarkets. The government has to purchase the entire stock and introduce in the market at competitive rates, to bring down the prices,” said Chandran. Traders claim lack of availability has pushed the prices up..