Onion prices rise.
Onion Price has brought good news for the farmers of Maharashtra. Its wholesale price has reached Rs 4393 per quintal in the mandis of the country’s largest onion producing state. This is the highest value of this season. Now the farmers are hopeful that the price will increase further, due to which their losses will be compensated. Due to heavy rains, 40 to 50 percent of the onion crop of farmers has rotted in most of the districts. In such a situation, their loss of good price will not be compensated. However, the effect of such a boom in the wholesale market is falling on the consumers.
On October 13 in Lasalgaon, Asia’s largest onion market, its maximum price was Rs 4134, while the minimum was Rs 1200 and the model price was Rs 3550. The highest price remained in Pimpalgaon Mandi. Where the minimum price only reached Rs 1900 per quintal. While the maximum rate was Rs 4393 and the model price was Rs 3800. Market experts say that this rate is for Navratri when onion consumption is generally low. It may increase further from Friday.
What is the reason for the rise in price?
Bharat Dighole, the founding president of Maharashtra Onion Growers’ Organization, said that the main reason for this is rain and floods. Due to which the onions kept in stores in April-May in many districts got rotten. Onions kept in Beed, Aurangabad, Osmanabad and Latur etc. of Marathwada region got spoiled due to flood and excessive rain. Whereas due to moisture in Nashik, Ahmednagar, Dhule, Solapur and Jalgaon, onions of many farmers got rotten. Due to which there is a rise in the price. When there is a massive loss, there will be a gap between demand and supply and the price will increase.
Trying to save onions
Dighole told that the farmers have to struggle a lot in saving their old kept onions due to rains and floods. Because the onion is rotting, due to which it is being sorted by applying labor. In such a situation, now if the farmers of Maharashtra do not get the rate up to Rs 50-60, then their losses will not be met. Farmers have breathed a sigh of relief due to the increase in the wholesale rate of onion. Because they have already lost lakhs due to rotting of onions.
UP-Bihar has also done damage
In onion producers UP and Bihar too, the weather has hit onions. Due to ‘Taute’ and ‘Yas’ storms, the onion crop has been damaged on a large scale here. In these regions, a lot of onions had rotted in the fields. Due to these conditions, the price is expected to increase further this year.
how much price in which market
|Market||the minimum||model price||Maximum|
|13 October 2021|
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