Onion prices spiked from about Rs 800 per quintal to Rs 1,600 after Bangladesh allowed its import from India, according to a farmers` association.

"The prices had slumped to Rs 800-Rs 1200 per quintal in recent months. After Bangladesh allowed the import from India, prices of onions have increased to about Rs 1500 to Rs 1600 per quintal," Maharashtra State Onion Producers Association president Bharat Dighole told PTI.

However, the rise in the prices of the kitchen staple is still low compared to the production cost, which is over Rs 2200 per quintal, according to Dighole.