Wholesale prices of Indian onions saw a downward trend at the Khatunganj wholesale hub in the last couple of days thanks to plentiful imports. According to Bangladesh wholesalers, arrivals of the fresh seasonal crop from India's Nashik region helped push the price down.
Wholesalers are also slashing the prices of their older stocks from Nashik region in an attempt to get rid of those before their quality deteriorated. Onions grown in the previous season were being sold for Tk 8 to Tk 9 a kg in the last two days, down from Tk 13 to 14 (€0.14-0.15) last week.
Prices of newly harvested imports also fell by about Tk 3 a kg (€0.03) within a span of a week as the new crop sold for Tk 14-Tk 15 a kg against last week's prices of Tk 17-Tk 18.
According to thedailystar.net¸ the demand for Nashik's red onion is higher in the hub while another variety named as Sukhsagar, grown in Bardhaman and Hoogly in West Bengal, is also arriving but demand is low due to the poor quality.
