News in brief: onion prices soar
The onion shortage was caused by flooding in India.
10 Oct 2019, 9:00 AM
Onion price soar due to shortage
Businesses are unable to import onions from India, leading to a severe shortage and price hikes across the Maldives.
According to local media, prices for 25 kilo onion bags have soared to MVR1,200 (US$78) from MVR250 (US$17). Per kilo prices in convenience stores have also risen up to MVR50 from around MVR15.
Most wholesalers have completely run out of onion stocks. The shortage is caused by severe flooding in India’s onion producing states like Maharashtra.
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