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.
Major wholesale markets in Tamil Nadu are dependent on onions from Bellary and Nashik, apart from procurement from neighbouring districts, where