Mysuru: Price of onion, the essential vegetable in Indian household, has hit the roof touching Rs.100 and beyond per kg in city forcing customers to shed tears even before buying and chopping the vegetable. The steep rise in price is attributed by traders to shortfall in supply from North Karnataka and Maharashtra, the prominent source of onion. The deficit is obviously due to the recent rains and floods. Onion was being sold at Rs.120 a kg at a few malls in city yesterday forcing the customers to reduce the quantity of purchase. A few customers were seen vowing to give up onion till the price drops to normal range.
Wholesale rate: The wholesale rate of big size onion is over Rs.7,700 a quintal. Transportation cost and wastage coupled with inclusion of a small profit margin pushes up the price in the retail market to Rs.100 and beyond a kg, according to traders.
