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Exports of onions banned as the average wholesale price reaches Rs 3,000 / quintal | Nashik News



Nashik: The center on Monday imposed a ban on onion exports after the average wholesale price rose to Rs 3,000 per quintal in onion wholesale markets.
The Director General of Foreign Trade issued a notice to this effect. The average wholesale price of onions has risen by Rs 1,800 per quintal over the last 16 days from Rs 1,200 per quintal on August 29 to Rs 3,000 per quintal now. At Lasalgaon APMC, the minimum and maximum prices of bulk onions were recorded at Rs 1,100 and Rs 3,203 per quintal, respectively, on Monday.
Union agriculture ministry sources said there has been an increase in wholesale onion prices, despite adequate stocks in storage. In Maharashtra, the storage capacity of onions is about 37 lakh tons. Currently, about 15 lakh tons of summer onions are supplied to the state. But wholesale onion prices have risen in anticipation of shortages given the damage to kharif onions in some onion-growing states, they said.
According to onion traders, about 50% of kharif onion crops in Karnataka and Madhya Pradesh have been damaged. Moreover, there have been rain-related losses in kharif cultures even in Maharashtra.
The Maharashtra Onion Growers Association has expressed disappointment at the export ban.
The cost of onion production is about 900 Rs per quintal. Over the past six months, farmers have had to sell their produce for less than the cost of production. But the Center did not take any measures to save the farmers from suffering losses. However, he immediately imposed a ban when farmers started getting a good price, said Bharat Dighole, president of the Maharashtra state onion growers association.
We want the deputies, the state government and the opposition leader in Maharashtra to demand that the Center reinstate the export ban. Otherwise, we will start an agitation, Dighole said.

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