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Onion prices in Haryana and Punjab fluctuate daily due to supply and demand dynamics. Here’s an update on onion prices in the major markets of these states on November 7, 2024. Which mandi recorded the highest and lowest prices? Let's take a closer look at the latest prices in Haryana and Punjab mandis.
Gurugram Mandi: Today, Gurugram Mandi recorded an inflow of 86.6 tons of onions. The minimum price here was ₹2,000 per quintal, while the maximum reached ₹3,000 per quintal. The average (modal) price stood at ₹2,500 per quintal.
Pehowa Mandi: Pehowa Mandi, only 0.2 tons of onions arrived today. Despite the low supply, the price was high at ₹4,600 per quintal due to limited supply and strong demand, making it one of the higher-priced markets in the region.
Uklana Mandi: Uklana Mandi saw an arrival of 0.4 tons of onions. The minimum price was ₹4,700 per quintal, with a maximum of ₹5,000 per quintal, and the average price also remained at ₹5,000 per quintal, reflecting a high demand.
Ludhiana Mandi: Ludhiana Mandi received a supply of 101 tons of onions. The minimum price was ₹1,600 per quintal, while the maximum price went up to ₹4,200 per quintal. The average price in this market was ₹3,600 per quintal, a moderate rate compared to other mandis.
Tarn Taran Mandi: Tarn Taran Mandi, 1.2 tons of onions arrived. The prices here ranged from a minimum of ₹4,200 to a maximum of ₹4,500 per quintal, with an average (modal) price of ₹4,300 per quintal.
Conclusion: On November 7, 2024, onion prices varied across mandis in Haryana and Punjab. Some markets saw higher prices due to limited arrivals, while others had stable prices driven by balanced supply and demand. Farmers and traders can use this information to make informed decisions and plan their strategies accordingly.
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