header banner
ECONOMY, Latest Updates

Price of Chinese onions record high in Nepali market

KATHMANDU, Dec 12: The retail price of Chinese onions has reached Rs 200 in the markets of Kathmandu, nearly equal to that of Indian onions. Due to absence of Indian onions in the Nepali market, Chinese onions have become an alternative for Nepali consumers.
A laborer weighs a sack of onions at Kalimati Fruits and Vegetable Market in Kalimati, Kathmandu, on Wednesday. Photo: Dipesh Shrestha/Republica
By Republica

KATHMANDU, Dec 12: The retail price of Chinese onions has reached Rs 200 in the markets of Kathmandu, nearly equal to that of Indian onions. Due to absence of Indian onions in the Nepali market, Chinese onions have become an alternative for Nepali consumers.



Related story

Gold price soars to record high


According to Binaya Shrestha, deputy director of Kalimati Fruits and Vegetable Market Development Board, Indian onions from completely stopped coming into Nepal. "For that reason, the demand for Chinese onions is increasing," he said, adding: "An increase in demand has also increased its price." 


The Indian government had banned onion export in late September. Since then, Nepal is facing onion shortage and price rise.

Related Stories
ECONOMY

Surging gold price sets new record in Nepal- Rs 11...

ECONOMY

Gold price reaches record high

ECONOMY

Price of Chinese dry garlic hits record high of Rs...

Editorial

Big picture

ECONOMY

Gold marches to record high of Rs 65,500 per tola

Trending

Top Videos

Bold Preety willing to fight for her musical career

Awareness among people on heart diseases has improved in Nepal’

Print still remains the numbers of one platform

Bringing home a gold medal is on my bucket

What is Nepal's roadmap to sage child rights