-The Hindu Business Line
Retail prices of onion, which had softened a bit last month, have rebounded over the past few days on continued supply disruption, touching the Rs.100 per kg mark in pockets of consuming centres such as New Delhi and Chennai.
The bulb could bring more tears to consumers in the days ahead, trade sources said, as the prices are likely to hit new highs with the crop sown in the late kharif season in the key producing regions of Maharashtra being impacted by the extended monsoons.
As prices started touching Rs.100 a kg, the Centre stepped in to quickly relax the fumigation and phytosanitary norms for imports of the bulb, expected from countries such as Afghanistan, Egypt, Iran and Turkey.
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