If the price rise is due to production shortfall, how does one explain the near doubling of the price within a few days? The sharply rising onion prices have raised the suspicion that speculators are manipulating a shortage situation. First, a few facts. In retail markets, onion prices have soared from Rs 10-11 per kg in June to as high as Rs 70-80 on Dec 21. Even more significantly, prices zoomed by...
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Milk catches onion fever
After the onion onslaught, milk misery. Amul has decided to raise milk prices by Re 1 to Rs 2 a litre, setting the stage for similar hikes by other producers across the country. Dairy products such as butter, ghee and cheese are likely to become dearer, too. The Gujarat Co-operative Milk Marketing Federation, which sells products under the Amul brand, said the higher prices would be effective from December 30 in Gujarat...
More »Global Food Prices in 2011 Face Perilous Rise by John Foley
Food prices globally are rising to dangerous levels. There is talk of a coming crisis, like the ones that produced riots around the world in 2008 and 1974. Many of the ingredients of a disaster are present, but governments can stop the problem before it causes too much damage. A warning sign is the price of traded staples like wheat, corn and rice. Prices shot up in 2010, soaring 26...
More »Quality given the go-by at government onion outlets by Gargi Parsai
With fresh arrivals of onions from Gujarat, Rajasthan and Maharashtra, Central agencies on Monday announced their decision to sell them through their outlets at Rs. 35 a kg, setting it as a benchmark price. The variety, however, was poor in quality and low in quantity. In the retail open market and retail chains, onion prices remained around Rs. 50 a kg, garlic price was unchanged between Rs. 250 and Rs. 280...
More »Onion prices fall in Dindigul market
With the arrival of big onions from Pakistan and a ban on onion exports, wholesale onion market in Dindigul, one of the biggest markets in the State, witnessed a crash in the prices of big onions. However, prices of small onions remained stable. The prices of big onion that were hovering between Rs.90 a kg (top quality) and Rs.70 a kg for medium quality last week, came down to Rs.40 and...
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