Vijayawada: Onion prices have skyrocketed past Rs. 60 per kilogram in the city with some markets reporting prices as high as Rs. 65 per kg.
The price hike is making it difficult for households to manage daily expenses, as onions are a staple in Indian cuisine.
In Rajiv Gandhi wholesale market, Maharashtra fine grade onions are being sold at Rs. 60 per kg, while Kurnool onions are priced at Rs.48 per kg on Wednesday. Traders, however, expect some relief soon, as the central government is preparing to release onion stocks into open market.
Despite this potential intervention, the impact of rising prices is being felt in kitchens across the region.
Vegetable prices have surged due to crop damage caused by floods and incessant rains. A shortage of rain during early kharif season followed by downpours has reduced vegetable production, leading to increase in price. Tomatoes, which were priced at Rs. 26 per kg in early September, have now surged to Rs. 40 to 60 per kg in some markets.
Similarly, eggplants, cauliflower, carrots, and other vegetables are being sold at Rs. 35 to 45 per kg, further straining household budgets.
The rising cost of essential goods is a concern, particularly for lower-income households struggling to cope with inflation. “We are hit by floods and are striving hard to restore normalcy. Abnormal prices of onions and veggies are a huge burden. Govt should take measures to recover the prices,” said K Subba Rao, a resident of Payakapuram.
The price hike is making it difficult for households to manage daily expenses, as onions are a staple in Indian cuisine.
In Rajiv Gandhi wholesale market, Maharashtra fine grade onions are being sold at Rs. 60 per kg, while Kurnool onions are priced at Rs.48 per kg on Wednesday. Traders, however, expect some relief soon, as the central government is preparing to release onion stocks into open market.
Despite this potential intervention, the impact of rising prices is being felt in kitchens across the region.
Vegetable prices have surged due to crop damage caused by floods and incessant rains. A shortage of rain during early kharif season followed by downpours has reduced vegetable production, leading to increase in price. Tomatoes, which were priced at Rs. 26 per kg in early September, have now surged to Rs. 40 to 60 per kg in some markets.
Similarly, eggplants, cauliflower, carrots, and other vegetables are being sold at Rs. 35 to 45 per kg, further straining household budgets.
The rising cost of essential goods is a concern, particularly for lower-income households struggling to cope with inflation. “We are hit by floods and are striving hard to restore normalcy. Abnormal prices of onions and veggies are a huge burden. Govt should take measures to recover the prices,” said K Subba Rao, a resident of Payakapuram.
