Onion is an essential ingredient in Indian kitchens, with its absence making dishes seem incomplete. The ever-changing prices in the markets keep it a topic of frequent discussion. Today, we analyze the latest onion prices in the major markets of Uttar Pradesh and Punjab on December 24, 2024. This article will provide insights into the market prices across different regions and explore the key factors behind these price variations.
Faizabad Market: Faizabad market recorded the highest arrival of onions, with a total of 90 tons. The price of red onions ranged between ₹2850 and ₹3070 per quintal, with the model price at ₹2900 per quintal. Despite the high arrival, the prices remained stable.
Kosi Kalan Market: At Kosi Kalan market, the arrival was 4.5 tons. Onion prices were higher than in other markets, with the minimum price at ₹3000 per quintal, maximum at ₹3100 per quintal, and the model price at ₹3050 per quintal.
Sambhal Market: Sambhal market had an arrival of 5 tons. The minimum price for red onions was ₹2000 per quintal, while the maximum was ₹2360 per quintal, with the model price at ₹2250 per quintal. Prices in this market were relatively lower.
Sahjanwa Market: Sahjanwa market had the smallest arrival, only 1 ton, but it recorded the highest prices. The minimum price for red onions was ₹3190 per quintal, the maximum was ₹3205 per quintal, and the model price was ₹3200 per quintal. Due to the limited arrival, prices remained high.
Mukerian Market: Mukerian market saw an arrival of 2.98 tons. The prices for onions ranged from ₹2900 to ₹3400 per quintal, with the model price at ₹3200 per quintal. Prices in this market remained stable.
Tarn Taran Market: Tarn Taran market had the lowest arrival at just 1.5 tons. The prices of onions here ranged from ₹3200 to ₹3500 per quintal, with the model price at ₹3400 per quintal.
Suggestions for Farmers and Traders:
Conclusion: On December 24, 2024, onion prices in Uttar Pradesh and Punjab showed both diversity and stability. While markets like Faizabad and Kosi Kalan witnessed stable prices, others like Tarn Taran and Sahjanwa had higher prices. With these fluctuations, farmers and traders should stay alert and adapt their sales strategies to take advantage of the market conditions.
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