Nashik: Onion prices rising over shortage

Nashik: Onion prices are rising and may continue to be high till November when the next crop arrives, market sources in Nashik said on Tuesday. “The rates have increased by Rs 200 per quintal due to rains as farmers cannot offload their stored crop and bring it to the APMC yard,” stated Lasalgaon Agriculture Produce Market Committee (APMC) chairman Jaydatt Holkar.

Other sources said that farmers prefer to wait and watch the prices, bring their onion to the market when the prices are right. Only marginal farmers in need of cash bring the present ‘unhal’ variety of onion to the markets. “The other varieties, ‘lal’ and pol’ are perishable in a fortnight so there is a beeline to sell the produce during the season. Farmers prefer to bring their crop when the price is high,” farmer Sharad Jagtap said.

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