Kerala - Thiruvananthapuram   

Soaring onion prices draw tears

Staff Reporter

Thiruvananthapuram: Soaring onion prices are beginning to draw tears even as traders warn that the prices could go up further. Onions were being sold at Rs.22 to Rs.25 in the city in retail markets on Saturday against the normal price of Rs.10 to Rs.11.

The prices had been climbing steadily ever since the deluge in Mumbai and other parts of Maharashtra in July. Last week, the prices stood at Rs.15 to Rs.16 but since Monday, onions are being sold at Rs.20 plus.

Traders point out that onion stocks are in short supply and that the heavy unseasonal rains in the past two months in the major onion-producing States - Maharashtra, Karnataka, Andhra Pradesh, Madhya Pradesh, Rajasthan and Gujarat - had affected the production.

The supply situation is not expected to improve till mid-November.

Printer friendly page  
Send this article to Friends by E-Mail

Stories in this Section

City growth project no poll stunt, says Antony
His pioneering effort set the cameras rolling
`Crime Branch probe only to save guilty'
Panel cautions against KSTP second phase
KPCC for deployment of armed forces in Kannur jail
Manichan says he did not bribe politicians, officials
Soaring onion prices draw tears
CPI MLAs seek CBI probe
Around the City
In Thiruvananthapuram Today
Fake notes: two more held

Copyright © 2005, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu