Onion prices to come down as 500 MTs to reach TN

Tamil Nadu Food Minister R Kamaraj has said the State will get 500 metric tonnes of onions from the Central grid and they will be sold at cheap prices at farm fresh stores across TN.

Interacting with the media, he said, ”We have asked for 100 metric tonnes of onion from the Centre. They have released 500 MTs in the first phase. The onions will reach Tamil Nadu by 13 or 14 December and will be sold at around 6,000 shops at cheap rates.”

Kamaraj added that onions are already being sold at Rs 40 per kg at farm fresh stores. Meanwhile, with onion prices skyrocketing, traders from Tiruchi wholesale market, which is one of the largest in Tamil Nadu, have imported 30 tonnes of onion.

The import has brought down prices to Rs 100 per kg at the market, which caters to five districts. In other parts of the state, prices range from Rs 140-160. According to the traders, there may not be further imports as margins are set declining due to increased arrivals from Perambalur, Tiruchi and Namakkal districts.

According to reports, the crop is raised on over 8,000 hectares in Perambalur district and on about 4,000 hectares in Tiruchi district. Traders say arrivals from these districts have plunged to 25 bags daily from 500, earlier.

Meanwhile, two trucks laden with onions overturned in separate accidents reported from Paranur toll plaza in Chengalpet and Thirupachur in Tiruvallur. In both the incidents, police were deployed to safeguard the onions.