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Onion Markets in Chhattisgarh, India: Seasonal Arrival, Price Volatility and Market Dynamics
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Onion is a crucial crop in Chhattisgarh, but the market faces sharp seasonal fluctuations and price instability. This study analysed monthly and yearly data from 2014 to 2024 from four major markets using CAGR, seasonal indices and trend analysis. Results show maximum prices ranged from ₹1,101/quintal and ₹2,939/quintal in year 2016 and 2024 respectively, while arrivals peaked at 55,655 tonnes in 2023.seasonal indices revealed arrivals highest in May-June (41,159 tonnes) when prices fell to ₹909-1,134/quintal, and lowest in October-November (26,406-26,996 tonnes) when prices peaked at ₹2,493-3,049/quintal. Recommendations emphasized investment in storage, farmers cooperatives, digital marketing platforms like e-NAM, and buffer stock mechanisms to stabilize prices, safeguard farmers, and ensure consumer affordability.
Sciencedomain International
Title: Onion Markets in Chhattisgarh, India: Seasonal Arrival, Price Volatility and Market Dynamics
Description:
Onion is a crucial crop in Chhattisgarh, but the market faces sharp seasonal fluctuations and price instability.
This study analysed monthly and yearly data from 2014 to 2024 from four major markets using CAGR, seasonal indices and trend analysis.
Results show maximum prices ranged from ₹1,101/quintal and ₹2,939/quintal in year 2016 and 2024 respectively, while arrivals peaked at 55,655 tonnes in 2023.
seasonal indices revealed arrivals highest in May-June (41,159 tonnes) when prices fell to ₹909-1,134/quintal, and lowest in October-November (26,406-26,996 tonnes) when prices peaked at ₹2,493-3,049/quintal.
Recommendations emphasized investment in storage, farmers cooperatives, digital marketing platforms like e-NAM, and buffer stock mechanisms to stabilize prices, safeguard farmers, and ensure consumer affordability.
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