Outlook for onion availability has strengthened considerably

Government noted in a latest update that the outlook for onion availability has strengthened considerably, with higher Kharif acreage, favorable crop conditions, robust market arrivals and the commencement of fresh Kharif supplies supporting the market. The improving supply position is already translating into a broad-based moderation in onion prices across mandis and major consumer markets. Fresh Kharif onion arrivals have commenced from major producing States, including Karnataka, Andhra Pradesh and Rajasthan, while availability from stored stocks continues to meet market demands. Arrivals from these producing regions are expected to increase further in the coming weeks, improving overall availability in the consuming markets during upcoming festive season. The production outlook for the Kharif crop is also encouraging.

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