Onion prices at Lasalgaon in Maharashtra, Asia's biggest market for the key kitchen staple, on Thursday declined to Rs 25/kg from the level of 30-35/kg last week on improved supplies. Lasalgaon mandi sends price signal for rest of the country and therefore onion traders keep a track of this market closely. As per the official data, onion arrivals have risen in last 4-5 trading days. The arrivals at Lasalgaon mandi on Thursday stood at 22,000 quintal, much higher than 8,000 quintal on November 22. The improved supplies in other growing states - Rajasthan and Madhya Pradesh - have also put downward pressure on prices at Lasalgaon.

Source: dna November 30, 2017 11:33 UTC