City
Epaper

Onion Price in Nashik: Afghan Onion Imports Unlikely to Affect Indian Market Rates

By Chitra Rajguru | Updated: October 1, 2024 13:02 IST

Afghan onions have been imported into the Indian market, raising concerns among Indian onion farmers about a potential drop ...

Open in App

Afghan onions have been imported into the Indian market, raising concerns among Indian onion farmers about a potential drop in prices. However, experts say the impact will be minimal, as the quantity imported is very small.

Onion prices in India have risen after the central government removed the minimum export price and reduced export duty by half. This has led to better prices for farmers, especially in markets where onion is fetching satisfactory rates. Farmers in Nashik district, one of the largest onion-producing regions, have benefited from these improved prices.

To ensure fair prices for consumers, Nafed (National Agricultural Cooperative Marketing Federation of India) has released its buffer stock of onions and also imported onions from Afghanistan. However, the amount of imported onion is insufficient to meet the daily demand of even a single city, according to exporters.

Nashik farmers had stored a large quantity of summer onions, and as a result, 25-30% of them still have onions available for sale. Thousands of tonnes of onions continue to flow into Nashik’s market committees, where prices remain steady at around ₹5,000 per quintal.

Meanwhile, only 350 tons of Afghan onions have arrived in the Indian markets of Jalandhar and Amritsar. This amount is insignificant compared to the 35,000-40,000 quintals of onions exported daily from Nashik district alone. Additionally, Afghan onions, which sell at ₹30-35 per kilo, are not as popular due to their pale taste and bright red color, meaning they are unlikely to affect domestic prices.

Tags: Onion pricesNashikMaharashtra NewsOnion tradersOnions
Open in App

Related Stories

MaharashtraChhatrapati Sambhajinagar: ACB Catches School Headmistress Red-Handed in Bribery Case

PunePune Water Cut: 15% Supply Reduction Begins From April 9 Amid El Niño Concerns

MumbaiMumbai Car Loan Scam: Fake Recovery Agents Chase Man for Alleged EMI Dues of Vehicle on Eastern Express Highway

MaharashtraMaharashtra: Beed Tehsildar Rakesh Gidde Dies in Tragic Car Crash Near Renapur

MumbaiMetro 9 Draws Crowds While Line 2B Runs Nearly Empty on Opening Day

Nashik Realted Stories

Navi MumbaiNavi Mumbai: Two Men Stab 32-Year-Old, Loot Cash in Panvel; Police Probe on

MumbaiMumbai: Fire Breaks Out at Terminal 1 of Chhatrapati Shivaji International Airport; No Injuries Reported (Watch Video)

MumbaiMumbai: DRI Seizes ₹37.7 Crore Gold at Mumbai Airport, 25 Foreign Nationals Under Scanner

MumbaiMumbai Accident: Speeding Bike Claims Life of Pedestrian in Malad; Delivery Boy Arrested

MaharashtraMaharashtra: Man Duped by Cyber Fraudsters Promising High Stock Market Returns in Prabhani