Onion prices in the wholesale markets of Lasalgaon and Pimpalgaon in Nashik district of Maharashtra had dropped by almost 32-34 per cent by the middle of April since the start of the month, despite the central government lifting a September 2024 export duty of 20 per cent.
While wholesale prices have recovered some lost ground since late April, and are now trading at around Rs 1150-1200 per quintal in both markets, the current levels are still lower than before the duty was lifted.