Onion prices fall 25 per cent in Nashik wholesale market

-

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.

Comments

Post a Comment

Popular posts from this blog

Due to the ban, employment and economic activity declined by two to three percent

-
Image
New delhi date. October 7, 2019, Monday A new study has found that employment and economic activity have declined by two to three percent due to the ban. A similar situation has been observed in bank lending. The study found the decline to occur within two months of the notation announced on November 7. This is the first research on demineralization in which data on the effects of districts across India were collected. In addition to the districts, the effect of national level was also studied. Previous studies only examined the national level effect of demonitization. Thus, a full estimate of the overall effect is not known. As a result of the shortage of cash arising out of the blockade, the country's economic activity fell by approximately 8 percent in November-December 2 In the October-December period, bank credit has seen an impact of around two per cent. Cash pulls have impacted demand for a short period. The study found that there was a strong link between money and pro...
Read more

Information about soymilk and casein products

-
Image
- Industrial guidance - Dhiru Parekh Soymilk: Soybeans are converted to high-quality protein. So that high quality drinks can be made which can be easily digested. There is no difference between soymilk and cow's milk. So the conservative industries of milk processing are now using this milk to make yogurt and ice cream. Consumers also cannot tell the difference between ice cream made from cow's milk and from soy milk. Also, the production capacity of soy milk can be increased than that of cow's milk. And the price can be cheaper. Soybeans mainly contain two types of enzymes that are inactivated in the soymilk process. Leukoxidase that catalyzes the oxidation of fatty acids. And enzymes like pepsin, trypepsin are included in it. Which helps in digesting protein. Soyamilk powder manufacturing process: This is an electric pre-heater system. which basically allows fluid to flow easily in a stationless tube under low-voltages. which absorbs the energy flowing through the Ja...
Read more

The brokerage firm objected to SEBI's new proposal regarding Algo Trading

-
Image
MUMBAI: Brokerage firms and fintech companies have objected to market regulator SEBI's discussion paper considering all stock trading orders issued through Application Programming Interface (API) as separate trading, saying it could adversely affect the growth of such trading from India. Algo trading is considered to be an automatic buying-selling system based on algorithms. SEBI has recently said in a discussion paper that it would create a framework for regulating Algo trading by retail investors. A senior official of a brokerage firm said that monitoring of Algo trading is a need of the hour, but such an attempt could hamper the growth of Sebi Algo trading. He added that if the suggestions made in the SEBI discussion paper were implemented, it would be difficult for brokers to make the API available. About 70% of the daily trading volume in Indian stock markets is transacted through advanced forms of algo trading. Algo Trading came to India in the year 2006, but then only se...
Read more