3 ms·

Graph of onion production by year: http://www.wolframalpha.com/input/?i=plot+%5B%5B2003%2C+5750.50%5D%2C+%5B2004%2C+6995%5D%2C+%5B2005%2C+9432.46%5D%2C+%5B2006

Graph of onion production by year: http://www.wolframalpha.com/input/?i=plot+%5B%5B2003%2C+5750.50%5D%2C+%5B2004%2C+6995%5D%2C+%5B2005%2C+9432.46%5D%2C+%5B2006%2C+10847.21%5D%2C+%5B2007%2C+12157.18%5D%2C+%5B2008%2C+13564.53%5D%2C+%5B2009%2C+12158.70%5D%2C+%5B2010%2C+15117.75%5D%2C+%5B2011%2C+17511.10%5D%2C+%5B2012%2C+16817.02%5D%5D http://www.wolframalpha.com/input/?i=plot+%5B%5B2003%2C+5750... So production almost doubled since 2004. Data from: http://agriexchange.apeda.gov.in/India%20Production/India_Productions.aspx?hscode=07031010 http://agriexchange.apeda.gov.in/India%20Production/India_Pr... So presumably India should be flush with onions, unless I missed something and demand for onions also doubled. How could traders corner the markt in that situation?

piyushpr134 13y ago
This is a seasonal issue. During the rains shelf life of Onions decreases as they start to sprout. So the onion stock is sold off in may, just before the monsoon. After May, monsoon rains start and they are heavy rains with lot of humidity. This leads to less onion being available. By the time we hit July, onion prices hit the roof. Then again by end of August/mid September, prices start softening. By the time next crop is ready (i.e. end of september) prices dive back to May levels of INR 8 per kg in the wholesale market.
- meepmorp 13y ago
  Does this happen every year?
  - piyushpr134 13y ago
    whenever it rains heavy during monsoon in Maharashtra.