Onion Prices Stabilize at USD 0,06–0,12 per Kg

Onion prices in Rajkot have shown a slight but encouraging rise today, increasing by USD 0,036 to 0,06 per kg. The current rates range between USD 0,18 and 0,24 per kg, offering a brief respite after the recent downturn. This recovery brings a welcome boost for farmers and traders navigating uncertain market trends.

Rainy spells and overcast conditions have impacted onion supplies, nudging prices upward. Over the next 10 to 15 days, rates are expected to stay within USD 0,12 to 0,24 per kg. While the weather might influence supply levels slightly, significant changes from further rainfall seem unlikely. For now, these conditions provide a much-needed phase of stability in the market.

Strong Demand Fuels Active Distribution

The appetite for onions remains strong across Gujarat, with steady shipments leaving Rajkot and Gondal daily. Rajkot farmers are dispatching 7 to 9 carts, while their Gondal counterparts are sending 10 to 15 carts to other states. Despite this robust activity, the peak selling season has already passed, with many farmers having sold their produce earlier when prices were at USD 0,25 to 0,36 per kg. These transactions underscore the critical role of timing in optimizing earnings.

Farmers Hold Out for Better Opportunities

Farmers with stored onions are holding back, aiming for higher returns in the coming days. Meanwhile, the winter onion crop in Saurashtra is showing good progress, with arrivals anticipated by the end of February. The current crop looks healthy, but its ultimate success and market impact will hinge on how weather conditions unfold as the season advances.

A Window of Stability for Buyers and Sellers

As onion prices stabilize, the market offers a balanced scenario for all stakeholders. Buyers looking to secure stock can take advantage of the current rates, while farmers holding their produce should remain vigilant for any shifts in market dynamics. February’s crop arrivals may set the stage for new pricing patterns, making close monitoring essential.

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