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Onions are an essential part of Indian kitchens, and fluctuations in their prices directly impact households across the country. On October 10, 2024, a significant price variation was observed in the markets of Delhi and Gujarat, we will analyze the latest onion prices in Delhi's Azadpur Mandi and major markets in Gujarat, such as Rajkot, Surat, and Gondal. We will also explore how market arrivals and supply conditions affect prices.
Azadpur Mandi in Delhi recorded an arrival of 861.9 tons of onions, the largest arrival of the day. The minimum price for onions here was ₹2,250 per quintal, while the maximum price reached ₹4,500 per quintal. The average (modal) price was recorded at ₹3,500 per quintal.
Onion price in Rajkot: On October 10, Rajkot Mandi in Gujarat saw an arrival of 84.5 tons of onions. The minimum price for onions was ₹1,375 per quintal, while the maximum price reached ₹4,800 per quintal. The average price was ₹3,700 per quintal, slightly higher than in other markets.
Onion rate today in Surat: Surat Mandi, onion arrivals were recorded at 395 tons, a significant quantity. The minimum price for onions was ₹1,400 per quintal, while the maximum price reached ₹4,500 per quintal. However, the average price was ₹2,950 per quintal, lower compared to other markets. This suggests that the higher supply in Surat resulted in softer prices.
Onion price in Gondal: Gondal Mandi, 205.3 tons of red onions arrived on October 10. The minimum price was ₹1,130 per quintal, and the maximum price was ₹4,180 per quintal, while the average price stood at ₹3,605 per quintal. Onion prices in Gondal were slightly lower than in other markets, which is typical based on the supply levels.
Conclusion: On October 10, 2024, onion prices varied across the markets of Delhi and Gujarat. Azadpur Mandi in Delhi saw the highest arrival, while Rajkot recorded the highest prices. Despite large quantities of onions arriving in Surat, the average price remained lower, while prices for red onions in Gondal stayed stable. These figures indicate that onion prices are significantly influenced by regional demand and supply, making this information crucial for both farmers and traders.
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