Onion price doubles in a day

The price of onions in the country has nearly doubled overnight and keeps rising following news of India’s extension of its export embargo on the essential commodity.

At wholesale markets in Nilphamari district, it was noticed on Sunday (December 10) morning that the price of onions has increased by Tk 70 to Tk 80 per kg in a day.

It was noticed this morning that Indian and local onions were being sold at Tk180 to Tk200 per kg in the district’s wholesale markets, which were sold at Tk100 to Tk110 per kg on Friday morning.

On the other hand, both kinds of onion were selling at Tk210 to Tk220 per kg at retail markets.