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Rise In Onion Prices Take A Break In Odisha, May Drop Soon!

Bhubaneswar: When the entire country has been shedding tears upon the surging prices of onion, the retail prices of the bulb remained stable since the last two days in Odisha.

Speaking to OTV, secretary of Chhatra Bazar Traders’ Association, Devendra Sahoo informed due to the supply of fresh onion stock from Nasik in Maharashtra, the prices have remained constant in the State.

“As onion stocks have gradually started arriving the State from Nasik, the rates are not increasing further and remained the same since the last two days,” said Sahoo.

The big-sized onions were sold between Rs 120 to Rs 140 per kilogram while small-sized onions were available at Rs 100, added Sahoo.

“There are fewer chances that the prices will rise further instead the rates will drop soon. The situation will improve by January 10 and if rain does not damage the crops, the rates will definitely decrease. There is no need for the consumers to worry about the rising prices of onion anymore,” Sahoo informed OTV.

It may be noted that the steep hike in onion prices in the State is mainly due to substantial drop in the arrival of stock to Cuttack’s Chhatra Bazar and Aiginia Mandi at Bhubaneswar due to the shortage of supply from Nashik.

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