Onion Prices Climb To Rs 45/kg; Traders And Farmers React To Market Trends Â
The Only City in India Where Onions and Garlic Are Completely Banned
“On Sunday (11), onions achieved the highest market price at the Agricultural Produce Market Committee. The super lot number one bunched onions sold for Rs 40 to 42 per kg, compared to last week’s peak price of Rs 30 to 31 per kg. A total of 19 thousand bags of onions were received.” This update was provided by Sachin Pansare, Deputy Chairman of the Market Committee.
With the rising market price of onions, supplies have also arrived from Narodi, Ghodegaon, Mahalunge Padwal, Ranjani, Nirgudsar, Avasari Khurd, Kalamb, as well as Shirur and Khed talukas.
The traders buy the onions by bidding in an auction format based on weight and market price. They should bring properly graded onions for sale in the market yard, appealed Pansare.
“The onions from farmers Navnath Bapu Pokharkar (Pimpalgaon-Khadki), Anjali Bhivasen Bhor (Khadki), and Balasaheb Namdev Khilari (Bharadi) achieved the highest market price of Rs 421 per ten kg, under the supervision of Maj. Indore Trading Company Aadatdar Goraksheth Indore. The rise in onion market prices has been significant due to low supply and increased demand for onions in North India.”
Currently, businessman Balasaheb Ranganath Bankhele has indicated that the market price of onions may rise in the future. In the meantime, farmers are expressing their satisfaction with the increased market prices.
