India's onion exports had doubled in 2016-17 over the previous year.
Tomato supplies are likely to rise in two weeks. “Market will begin to cool when tomatoes from the Nashik belt begin arriving from August 15,” said a trader.
Strike in Surat and Ahmedabad, key centres of textile industry in the country, had crippled the industry , which is second largest employment generator after agriculture.
Rise in prices is witnessed also due to damages inflicted by July rains in Gujarat and Rajasthan that has set bullish trend in onion prices.
Retail tomato prices cooled down about 20% in most parts of Maharashtra except Mumbai on Thursday as traders slashed grower level prices by 30% to 40% due to bad quality.
Before GST, cess of about 6 per cent and octroi of nearly 2 per cent was charged on sugar.
Rajiv Yadav, vice president at COFCO Agri, said: "Depending on how the monsoon progresses, India is likely to import about 3 to 4 million tonnes of wheat until April."
Most dairies had increased milk prices during the lean period of the summer season, taking ‘full fat’ milk to Rs 52/litre and double toned milk to Rs 38/litre.
All India Cottonseed Crushers' Association said, "We expect India's 2017-18 cotton production to be more by about 10% to 12% this year. It may hit 380 million bales from 340 million bales of previous year."
Normalcy expected once industry, which opposed 5 per cent GST, resumes work.
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