Maharashtra: Price of onions may soon cross Rs 50-mark

  • | Wednesday | 17th October, 2018

Amidst festivities, onion prices are likely to cross the Rs 50-mark soon. Nanasaheb Patil, chairman of Asia's largest onion market, Lasalgaon in Nashik confirmed drying onion supply. Supply of onions has drastically decreased that has resulted in a rise in onion prices by 100 per cent in a week. "We are getting onions mainly from Nashik and Pune. "I was expecting the bumper crops but my onion production will go down by almost 30-40%.

Amidst festivities, onion prices are likely to cross the Rs 50-mark soon. Supply of onions has drastically decreased that has resulted in a rise in onion prices by 100 per cent in a week. According to onion traders, last week, onions were sold at the rate of Rs 10 per kilogramme in the wholesale market. "However, it is now Rs 20 per kg. And, the way the market is going up, it will surely cross the Rs 50 per kg-limit soon," Ashok Walunje, onion trader and ex-director at the Agriculture Produce Market Committee (APMC), Vashi said. Walunje said that they are getting only 50 trucks of onions against the average supply of 125-150 trucks every day. "We are getting onions mainly from Nashik and Pune. Each passing day, the supply is decreasing. Scanty rainfall is the chief reason behind this decrease in supply and the subsequent rise in prices. We are getting stocked onions only. The new supply has not yet started," Walunje informed. Nanasaheb Patil, chairman of Asia's largest onion market, Lasalgaon in Nashik confirmed drying onion supply. "On Tuesday, we received 10,000 quintal of onion while last week, it was 15,000-16,000 quintal per day. The drought is the main reason behind this depleting onion supply. The new arrival will also start little late but that production has also go down," Nanasaheb said. He said the entire Nashik district that share produces 30-40% of total India's onion has under the severe drought. "People are not getting water to drink. Keeping the animals will be major issue in drought now. Therefore, each crops production has gone down drastically. The onion will not be exceptions. If there is no water, how the farmer will produce the onion crop," asked Nanasaheb. Tukaram Patil, onion grower from Dhule said that this year the scanty rainfall has hampered their crops badly. "I was expecting the bumper crops but my onion production will go down by almost 30-40%. Even, we get good price but what is the use if there is no ample produce to sale in market. We are feeling the heat of drought in October only, imagine what will happen in April and May," Patil asked. SORRY STATE

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