š§ #OnionCrisis: Prices Soar in Hyderabad!šø Whatās Behind the Skyrocketing Rates? š§ļøš²
- MediaFx
- Sep 28, 2024
- 1 min read
Onion prices in Hyderabad have shot up dramatically! Just last month, onions were selling for ā¹25-ā¹30/kg, but now they've spiked to ā¹70/kg. Why? The heavy rains damaged onion crops in Telangana and neighboring states, leading to a supply-demand mismatch. Local markets like Malakpet and Bowenpally have seen fewer arrivals, pushing prices higher. With more rain expected, who knows how far prices will rise? Even restaurants are struggling!