“During the meeting, it was informed that there has been some disruption in supplies due to Diwali holidays and rains in some of the growing areas affecting harvesting. This has led to a rise in prices, but the increase in arrivals which has begun would have a direct impact on arresting and then reducing the prices in the wholesale and retail market,” said a participant.
Participants deliberated the reasons for the sudden increase in prices over the last few days. In fact, onion
(model) touched Rs 43.50 a kg in the benchmark Lasalgaon mandi, Asia’s largest spot onion
selling platform. This is marginally lower than the season’s record of Rs 45 a kg achieved on September 29. Despite getting disrupted by unseasonal rainfall, onion
arrivals have improved to 160 tonnes on Friday in Lasalgaon from 7.15 tonnes on October 30.
“Onion supply was disrupted because of rainfall across major growing regions. Normally, early variety (red onion) supply begins by this time. But farmers haven't started harvesting red onion yet. Since very small quantities of onion are left over from the last season, supply was badly hit. If rain continues, prices would rise further,” said Jaydutta Holkar, Chairman, APMC Lasalgaon.
(model) in the Delhi mandi surged to trade at over Rs 28 a kg on Friday, lower than Rs 36 a kg reached about a month ago.
Meanwhile, a senior official from the Ministry of Agriculture
informed the committee that harvesting of kharif onion is underway in Karnataka and Andhra Pradesh and has begun in Maharashtra, Madhya Pradesh and Rajasthan. Late Kharif sowing
has been completed in Maharashtra, Madhya Pradesh and Gujarat. As per reports received so far, area coverage under kharif is expected to be more than last year, said the official from the Ministry of Agriculture.
In case of tomatoes it was informed that harvesting is underway in Andhra Pradesh, Tamil Nadu, Maharashtra and Karnataka. While arrivals of tomato
has started improving, it has been somewhat affected due to heavy rains in Maharashtra and Karnataka. Arrivals are expected to improve during mid-November with harvesting taking place in Rajasthan, Madhya Pradesh, Haryana and Uttar Pradesh.
The government, however, has decided Mother Dairy will augment their supplies of onions by sourcing quality bulbs from the open market for retailing in Delhi market. APMC Delhi will facilitate Mother Dairy in its operations. The government is also working on to facilitate movement of onions and tomatoes.
Apart from that, around 80 containers of onions have been imported from Egypt and Netherlands which are set to hit mandis shortly.