Onion farmers rushed to clear their stock on the working days before Diwali vacation at the Lasalgaon Agriculture Produce Market Committee (APMC) and sold 1.15 lakh quintals of crop in just a week.
The quality of onions, which were almost six-seven months old, was deteriorated and started rotting. Hence, farmers had no option but to clear their stock immediately considering no onion auction for nine consecutive days from October 26 to November 3.
According to sources, summer stock of onions, stored by farmers, has almost exhausted. The wholesale onion prices are expected to increase when market reopens after Diwali from Nov 4. Moreover, farmers also made cash by selling onions in view of Diwali festival.
Speaking to TOI, an official from Lasalgaon APMC said, "Around 1.15 lakh quintals of onions were sold by farmers during seven working days during a period from Oct 17 to 25 at Lasalgaon APMC. Of which, 15,000 quintals of onions were sold at its sub-market at Vinchur. Onions stored by farmers are almost six months old and its keeping capacity has ended. The quality has also deteriorated. At this juncture, farmers can't store more their onions."
The quality of onions, which were almost six-seven months old, was deteriorated and started rotting. Hence, farmers had no option but to clear their stock immediately considering no onion auction for nine consecutive days from October 26 to November 3.
According to sources, summer stock of onions, stored by farmers, has almost exhausted. The wholesale onion prices are expected to increase when market reopens after Diwali from Nov 4. Moreover, farmers also made cash by selling onions in view of Diwali festival.
Speaking to TOI, an official from Lasalgaon APMC said, "Around 1.15 lakh quintals of onions were sold by farmers during seven working days during a period from Oct 17 to 25 at Lasalgaon APMC. Of which, 15,000 quintals of onions were sold at its sub-market at Vinchur. Onions stored by farmers are almost six months old and its keeping capacity has ended. The quality has also deteriorated. At this juncture, farmers can't store more their onions."