The Union government’s decision to lift the ban on onion exports has led to volatility in Bengaluru’s onion markets. The price of onions, which was around ₹20-₹25 per kg until last week, has jumped to ₹35-₹40 per kg in retail markets.
With vegetables getting costlier, onions, which were among the cheaper items in the basket, provided some stability to consumers. However, after export was allowed again, most farmers tried to make the best of the situation in both local and international markets, leading to a price increase.
On April 29, the price of big-sized onions was between ₹1,600 and ₹1,800 for 100 kg, while the best Gola variety was priced at ₹1,900–₹2,100 for 100 kg at the Agricultural Produce Market Committee (APMC) yard in Yeshwanthpur.
