Onion farmers blame trader nexus for declining prices

Nashik | Monday | 14th January, 2019

Summary:

Only about a dozen traders participate in the APMC auction process – others stay away. Moreover, we want APMC to give licenses to new traders so there are more participants in the auction process and greater competition among traders. This will lead to rise in wholesale prices of onions and other produce,” he said.“There is need for healthy competition . These 10-12 traders have entered into a nexus to fix rates of onions and other agricultural produce. Farmers get a very low price as a result,” Deepak Pagar, a farmer, said.“We want APMC to cancel the license of traders who remain absent from the auction process..