Onion prices fall 25 per cent in Nashik wholesale market

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Mumbai, Ta. 24 June 2020, Wednesday

Onion prices have fallen by 3 per cent in the last two weeks and are currently trading near production costs. Due to fall in prices, farmers may not be keen to harvest more onions in the current kharif season, sources in the state agriculture department said.

In Nashik's Lasalgaon market, onion prices are currently hovering around Rs 4.50 per kg, up from around Rs 8.50 on June 10. In the last week of June, the daily income of onions, which was 500 tonnes, has now come down to 1,200 tonnes, market sources said.

Some farmers are selling their onions at as low as Rs 4 per kg. Citing the kharif season, sharp fall in onion prices has discouraged farmers from harvesting more crops.

Farmers in the state have recently suffered a lot due to the disruption in the supply chain due to Kovid-14 and the impact on the agricultural commodities due to natural calamities in Maharashtra.

It is claimed that the quality of onions is also deteriorating due to shortage of farm labor and disruption of transport services. Farmers who do not get labor during the lockdown are forced to leave their crops on the farm without harvesting.

Onion is an important crop for farmers in Nashik. Sources also said that many farmers depend on onion crop for their livelihood. Nashik district accounts for 12 per cent of the country's annual onion production of 2.50 crore tonnes.

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