Onion production News

Meanwhile, onion was sold at Rs 15 to 20 a kg in the retail market in April and May due to low demand and abundant arrivals in the market. At the same time, good onions were sold in bulk at Rs 1200 to 1400 per quintal. Since the soaked onions cannot be kept for more than three days, it is being extracted at low prices.

As per the ministry's first advance estimate, area sown to onion remained lower at 1.19 million hectare in the current year as against 1.30 million hectare in the last year.

India's onion exports went up 33 percent to Rs 2,362 crore in the first 11 months of 2015-16 on higher realisation of sales.

Exports dipped during the first six months of the fiscal as the government had hiked the minimum export price (MEP) to USD 700 per tonne in August this year as prices skyrocketed on lower output due to unseasonal rains.

Know how the removal of minimum export price (MEP) will check falling prices of onions...

Onion prices in both retail and wholesale markets have shot up unabated in the last few weeks due to estimated fall in production in the 2014-15 crop year by five lakh tonnes.

Government on Friday increased sharply the minimum export price (MEP) of onion by USD 175 per tonne to USD 425 per tonne to ensure adequate domestic supply and contain price rise.

The government on Friday hiked the minimum export price (MEP) of onion to USD 425 per tonne to improve the domestic supply and curb prices.

Delayed monsoon and thin arrivals in the market drove onion prices up by Rs 200- 300 per quintal here Wednesday, Agriculture produce Market Committees (APMC) sources said.

Exports will now be possible only at or above USD 500 per tonne. The government on June 17 set the minimum price at USD 300 per tonne.