GUWAHATI, Nov 30 - In view of the rise in the price of onions, a review meeting on stock and prices of the kitchen staple was held at Kamrup (Metro) DC office here on Wednesday.
Vinod Jain and Rajender Kumar Surana, leading onion merchants of Guwahati, informed the meeting that the wholesalers can release onions at a price range of Rs 4,800 to Rs 5,000 per quintal as wholesale price considering the present price trend of onions at the sources.
They said the prices are expected to come down gradually in the next eight to 10 days and added that the current high prices are due to the poor production of onion at sources, particularly in Nasik.
They said that in case of onions being sold at Rs 4,800 to Rs 5,000 per quintal by wholesale merchants, the retail price could be capped at Rs 55 per kg for the next to eight to 10 days.
The district administration has directed the merchants to load maximum quantities of onions to make it available in the Guwahati markets so that no artificial scarcity occurs.