Agricultural #onion#procurement price
India Raises Onion Procurement Price by 13% as Buffer Stock Buildup Lags
The Indian government increased onion procurement price by 13% to Rs 2,125 per quintal effective July 4, 2026, aiming to improve farmer realisations and accelerate buffer stock accumulation. Despite five consecutive price hikes, only about 2,000 tonnes have been procured since June 1, as arrivals remain steady and exports face competition from Pakistan and China. Delayed monsoon and speculative buying in key production centres like Nashik have influenced market dynamics, while overall production is nearly unchanged at 307.37 lakh tonnes.
Jul 8, 2026 1 source