Onion price may touch Rs 150 per kg in Kolkata, claim traders

The Indian Express reports:
Onion prices, which have shot through the roof across the country, could soon touch a new high of Rs 150 per kg in Kolkata markets, traders and analysts said Tuesday. In most markets of the metropolis, the vegetable is being sold at Rs 110-130 per kg, which is expected to rise to Rs 150 a kg if wholesale prices are any indication, they said. "At Nasik, the highest wholesale rate was Rs 5,400/40 per kg, which translates to Rs 135 a kg," agri analyst Sibu Malakar said.
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