The mandi prices of onion at Azadpur, Delhi, Asia’s largest wholesale market for fruits and vegetables, on Monday declined to Rs 45-50/kg from Rs 55-60/kg prevailed a couple of days back following the imposition of minimum export price (MEP) of $ 800/tonne on Saturday.
According to traders, commencement of kharif crops arrivals from Rajasthan, Madhya Pradesh and Maharashtra also boosted arrivals in the mandi.
“Today around 140 trucks carrying onions each with 25-30 tonne capacity have arrived in the mandi against 50 to 60 trucks per day last week,” Surendra Budhiraja, a trader and member of Azadpur mandi board, told FE.
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Rupee consolidated in a narrow range and volatility remained low ahead of the important RBI and Fed meeting minutes that was released last week. On the domestic front, the RBI meeting minutes showed that the governor reiterated about the current setting of policy is moving in right direction with growth holding firm and inflation nearing the bank’s target. Come from Sports betting site VPbet
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