Prices will range from Rs. 10 to Rs. 15 a kg
Forecast made by Domestic and Export Market Intelligence Cell
COIMBATORE: Tamil Nadu Agricultural University has asked farmers to sell the harvested small onions immediately, since storing it would not fetch any returns.
The current price for small onions varies between Rs. 8 and Rs. 12 a kg. Analysis shows that prices will range from Rs. 10 to Rs. 15 a kg till October. It is not advisable to store the produce in the face of imminent rain, according to the forecast made by the Domestic and Export Market Intelligence Cell (DEMIC) of Tamil Nadu Agricultural University. The team comprising N. Raveendran and D. Murugananthi came to the conclusion after having studied the prices for the last 10 years at the Ottanchathram and Dindigul markets.
According to trade sources, onion, which is raised by seed, is preferred over onion raised by bulb because of the appearance and size of the bulbs produced. Bellary onion and multiplier onion are the two major onion varieties cultivated in India. More than 90 per cent of the multiplier onion is cultivated in South India. More than 50 per cent of production is contributed by Perambalur, Tiruchirapalli and Dindigul districts.
Increase in price of Bellary onion, increase in area of small onion cultivation and reduced arrivals from Karnataka have raised doubts among onion growers in Tamil Nadu about fetching higher prices this kharif.