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NCCF, Nafed sell 4,000 tonnes of buffer onions at ₹35/kg across 17 cities

Our read

Subsidised buffer onions will cool prices in intervention cities first, but a durable national decline depends on timely mid-October kharif arrivals rather than the initial 4,000-tonne release alone.

For operators

Grocers in the 17 intervention cities should expect price-sensitive onion demand to shift toward ₹35/kg government supply, pressuring private retail pricing until kharif arrivals improve availability from mid-October.

Watch

Daily and weekly onion mandi arrivals, especially early kharif inflows from mid-October.

The report,

The government has sold 4,000 tonnes of subsidised buffer onions in 17 cities at Rs 35/kg through NCCF and Nafed. Kanda Express shipments and state-level retail distribution aim to cool prices, with kharif crop arrivals expected from mid-October.

Chennai and Delhi retail onion prices ran well above the ₹35/kg subsidised rate on 5 September
  • Chennai retail onion price, 5 September₹63/kg
  • Delhi retail onion price, 5 September₹58/kg
  • Mumbai retail onion price, 5 September₹53/kg
  • Ranchi retail onion price, 5 September₹40/kg
  • Subsidised retail price via NCCF and Nafed₹35 per kg

Reported figures

From the report. Source details below

4,000 tonnes sold across 17 cities in 10 days
Reported price decline: Rs 2-3 per kg

Also in the report

  • 1.21 lakh tonnes of onion buffer stock

Other figures

  • NCCF sold 1,500 tonnes

What to watch next

  • Retail price spread between intervention cities and non-covered cities.
  • Whether buffer releases rise materially above the initial 4,000 tonnes.
  • Wholesale-to-retail margin compression and reported stockholding by traders.
  • Weather and transport conditions in key onion-producing states.

The source

Source Read the source at The Hindu BusinessLine

Published

Confirmed by ET Small Business, Business Today, NDTV Profit

First seen