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Why onion prices face wild fluctuations every year, explained

Updated : November 06, 2018 06:26 AM IST

The supply shortage can be driven by the weather and the rising exports. That is when natural market forces are at play.
The unnatural occur when hoarders step in to influence onion prices artificially creating a supply crunch and ratcheting up prices. And as it happens with commodities, there is also speculation at play, which impacts prices.  
This year, though not as bad as the previous year, Maharashtra and New Delhi are experiencing the impact of the falling supply and the rising demand for onions.
Why onion prices face wild fluctuations every year, explained

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