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Farmer body Shetkari Saghtana threatens to stop onion auction from Oct 7

Updated: Oct 05, 2019 10:16:50am
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Farmer body Shetkari Saghtana threatens to stop onion auction from Oct 7

Nashik, Oct 5 (KNN) Amid hustle and bustle over the onion prices in the country, Farmers' body Swabhimani Shetkari Saghtana (SSS) has threatened to stop onion auctions from October 7 until and unless the government lifts the ban on export.

To reduce onion prices in the counrty, last week, centre had banned export of onion and set stock limits for wholesalers at 500 quintal following which these Farmer and traders bodies had earlier threatened to stop trading from October 7.

As a result, onion prices fell 25-30% in a week in wholesale markets of Maharashtra to trade at an average price of Rs 2,700 per quintal.

Last week, onions arrivals were about 20,000 quintal in Pimpalgaon and 12,000 quintal at Lasalgaon. The average wholesale onion prices had crashed by Rs 600 per quintal from — Rs 4,500 per quintal on September 19 to Rs 2,700 per quintal on Friday in district mandis following imposition of stock limits.

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