Time Series Analysis of Onion Prices From Solapur Market of Maharashtra, India

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SUMA, H.K.*, S. RAJESWARI, K. UMADEVI AND SK. NAFEEZ UMAR

Department of Agricultural Economics, S.V. Agricultural College, ANGRAU, Tirupati-517 502.

ABSTRACT

The present study was conducted to know the behaviour of prices of onion in Solapur market of Maharashtra by using the multiplicative model of time series analysis. The time series data was collected for the period of 15 years from 2005 to 2019 from the NHRDF. The moving average method was used to know the price behaviour of onion. The results shown that there was an increasing trend in prices of onion in market and also observed the seasonal variation in prices of onion. The highest seasonal index was observed in the month of November and the lowest seasonal index was observed in the month of May. There were no existence of price cycles and also there was no periodicity in the irregular fluctuations for onion prices of Solapur market.

 

KEYWORDS: Multiplicative, Trend, Seasonal index, Periodicity, Fluctuations

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