Onion price reaches Rs 11,000 per quintal mark in Nashik
    Nashik, Dec 2 (PTI) The wholesale price of onions of
the summer variety rose to Rs 11,000 per quintal on Monday
during auction at the Kalwan Agriculture Produce Market
Committee (APMC) here in Maharashtra.
    Monday was the first trading day of December and the
wholesale price of the summer crop of onions was the highest
this season in Nashik district, a major producer of the
vegetable, APMC sources said.
    The previous highest wholesale auction price of onions
was Rs 9,000 per quintal recorded at the Kalwan APMC last
month, they said.
    During the morning session, summer onions were
auctioned at minimum Rs 4,000 per quintal and maximum Rs
11,000 a quintal, they said.
    The average price was Rs 10,000-10,300 per quintal at
the Kalwan APMC, the sources said.
    Onions brought in 129 vehicles were auctioned at the
APMC on Monday, they said.
    In August, onion prices ranged between Rs 1,000-3,000
per quintal and the average price was Rs 2,400 per quintal.
    The prices increased in September when they ranged
between Rs 3,000-4,000 per quintal and the average price was
Rs 3,200 per quintal.
    In October, the maximum price increased to Rs 4,500
per quintal and the average price was Rs 3,800.
    In November, the maximum price reached the Rs 9,000 a
quintal mark, whereas the average price was Rs 4,900.
    Meanwhile, at the Lasalgaon APMC, there was no auction
of summer onions on Monday.
    Instead, red onions brought in around 250 vehicles
were auctioned at the Lasalgaon APMC, the country's largest
wholesale onion market, the sources said.
    The prices ranged between minimum Rs 3,000 per quintal
to maximum Rs 8,401 per quintal and the average rate was Rs
7,100 a quintal.
    The Rs 8,401 per quintal is the highest auction rate
for red onions recorded at the Lasalgaon APMC this season. The
previous highest price, Rs 6,565 a quintal, was recorded on
last Saturday.
    The prices of red onions at the APMC ranged between Rs
1,8006,565 per quintal and the average rate was Rs 5,001,
the sources said. PTI COR

(This story has not been edited by THE WEEK and is auto-generated from PTI)