Even after the Deepavali festival, small onion prices continue to rise in Tiruchi market. One kg of small onion was sold at Rs. 85 by the retail traders. It was quoted at Rs.80 in the days prior to Deepavali. It was hovering around Rs.50 a kg in August and the first two weeks of September.
It began on an upward trend since the third week of September. It shot up to Rs.80 a kg in the third week of October. It remained the same until Deepavali. It shows no sign of decreasing. “We have no other options but to buy onion at any cost. But, the prevailing price is not affordable to us. It brings tear,” said a homemaker of Cantonment.
The demand, which went up in the run-up to Deepavali, had not come down as well. Stating that the price would remain the same for a few more weeks, traders said that many of onion production centres, including Perambalur and Ariyalur, had been receiving good rain for the last two months. Continuous rain is not good for raising onion crop.