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Ramadan Price Surge Eased By Kuwaiti Onions After Crisis
In the wake of a global crisis, local communities grappled with soaring onion prices, exacerbating concerns ahead of the holy month of Ramadan. However, relief arrived with the arrival of the local onion crop, putting an end to the crisis that had impacted households and eateries alike.
According to Farmer Faisal Al-Zoubi, who spoke with Al-Rai, the onion crisis predated Ramadan, with prices soaring to unprecedented levels. However, the introduction of Kuwaiti onions into the market approximately ten days ago marked a turning point, halting the price surge. Al-Zoubi noted that a carton of Kuwaiti onions now costs around one and a half Kuwaiti dinars, with four “shades” priced at one dinar.
Expressing hopes for a regulated minimum price for locally grown onions, Al-Zoubi emphasized the need to ensure fair pricing at auctions, where products sometimes sell below cost.
Echoing Al-Zoubi’s sentiments, farmer Abdullah Al-Thwaimer highlighted the significant role of Kuwaiti onions in resolving the crisis. While acknowledging that prices have yet to reach desired levels, he remained optimistic, anticipating further declines with sustained Kuwaiti supply.
Shakir Fadlallah, a seller in the Shubra Al-Khadar area (Al-Fardha), affirmed the substantial decrease in onion prices following the influx of Kuwaiti produce from Abdali farms. Before Ramadan, onion prices had surged to over seven Kuwaiti dinars, but stability has since returned to the market alongside ample onion supplies.
Meanwhile, the Indian government has extended its ban on onion exports indefinitely. This decision follows an earlier order prohibiting exports until March 31, enacted after the initial export ban in December 2023.
The introduction of locally grown onions has brought relief to consumers and businesses alike, signaling a positive shift in the onion market dynamics during the holy month of Ramadan.
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