The proof is in the bank books: the APMC market in Yeshwantpura made a whopping transaction of Rs 1,023 crore in the past eight months.
However, because of their pricing, APMC made good transactions and we were able to make good profits,” the official said.
In all, 58 lakh quintals of onions reached the market in the past eight months.
A trader said, “If the minimum price of onions was around Rs 120 per kg, it was often sold for Rs 200 per kg.
Even small onions, which were priced at Rs 40 per kg, were sold at Rs 80 per kg.
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