Onion prices soar to 5-year high amid supply woes, exports boost
- Posted on November 10, 2024
- By Business News Today
- 1 Views
Onion prices soar to 5-year high amid supply woes, exports boost
Onion prices in India have surged due to poor quality kharif crops and increased export demand. The price spike follows a supply shortage and the depletion of stored onions from the previous year's harvest. Traders anticipate a decline in prices as new crop arrivals increase in the coming days.
