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This Article is From Dec 04, 2017

Onion, Tomato Prices To Fall In 15-20 Days, Agriculture Secretary Says

Onion, Tomato Prices To Fall In 15-20 Days, Agriculture Secretary Says
Harvested onions sit in a pile on the ground at a farm near Umrana, Maharashtra, India. (Photographer: Dhiraj Singh/Bloomberg)

Retail prices of onion and tomato are expected to cool down in the next 15-20 days with arrival of fresh crop, according to Agriculture Secretary S K Pattanayak.

The price rise in these two kitchen staples is a “temporary problem”, and the situation will definitely improve, he said.

As per the trade data, onion and tomato prices are ruling in the range of Rs 70-80 per kg in the retail market of the national capital. A similar rise in prices is seen in other major cities as well.

“We are hopeful that price correction will be seen in the coming days. Onion plantation in Maharashtra, the leading producer, is quite good. Once the arrival begins, prices will come down. The situation should get better in the next 15-20 days,” Pattanayak said.

The new tomato crop has been sown and that will be harvested soon, he said, adding that increased arrival will cool down the prices in both wholesale and retail markets.

Both onion and tomato production has been affected due to unseasonal rains and dry spells in some parts of the country.

Also Read: Food, Fuel Prices Push Wholesale Inflation Higher In October

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