MUMBAI
Onion prices have started declining in Nashik following the Central government's ban on its export till January 15, sources said today.
Onion prices have started declining in Nashik following the tCentral government's ban on its export till January 15, sources said today.
Onions prices at at Major Lasalgaon APMC ranged from Rs401 to Rs4,000 per quintal, an average price of Rs 2,400 quintal, while prices at Pimpalgaon Baswant APMC ranged from Rs1,000 and Rs3,700 per quintal, an average price of Rs2,300, Agriculture Produce Market Committees sources said.
In Yeola market, the prices varied from Rs800 to Rs3,300 for an average of Rs 2300, the sources added.
Onion prices on Monday ranged from Rs7,100 to Rs6,299 per quintal. They have started declining and the situation is likely to improve further in January next month when the red-onion stock will begin to arrive, they said.