Onion, garlic prices fall drastically in MP's Neemuch Mandi

Image
Press Trust of India Neemuch (MP)
Last Updated : Dec 04 2018 | 5:55 PM IST

Prices of onion and garlic have dropped to between 50-90 paise and Rs 2 per kilogram respectively in Madhya Pradesh's Neemuch Mandi, leading to distress among farmers.

While some of them returned without placing their produce for sale, others dumped it in the market and left, said officials Tuesday.

An official, however, said the lower rates were mainly for that part of the stock which was of poor quality, adding that oversupply was a factor in bringing down prices.

"On Monday, the onion price was between Rs 90 and Rs 900 per quintal (100 kilograms). The price of garlic was between Rs 200 to Rs 3900 per quintal. Only a small amount of onion and garlic was sold at lower price due to their poor quality," Neemuch Mandi secretary Sanjiv Shrivastava claimed.

As per the estimate provided by the Mandi official, the wholesale price for onion was 90 paise per kilogram while it was Rs two for garlic.

Shrivastava claimed that the average rate of onion on Monday in Neemuch Mandi was Rs 600 per quintal while this was around Rs 1000 for garlic.

Shrivastava said around 5,000 quintals of onion and 8,000 quintals of the garlic arrived at Neemuch Mandi on Monday.

However, Indarmal Patidar, a farmer from Kelukheda village of Neemuch district, said he was offered a much lower price -- of 50 paise per kilogram when he arrived to sell his onion stock of 15 quintals.

"I came to know when reached I Neemuch Mandi that its rate had reduced to 50 paise per kilogram. So I decided to take back my crop and feed it to cattle," Patidar said.

Another farmer, from Rajasthan's Marjivi village, Mahesh Kumar, said he was leaving his crop behind in the Mandi as he was not getting proper rates and taking it back would entail transportation costs.

The garlic crop was also sold as low as Rs two per kilogram at the Mandi with Rajesh, a farmer from Badnawar, claiming that he arrived at the market on Sunday but was yet to sell his stock due to lack of remunerative rates.

He said the prevailing rates would not even cover the cost of production.

Meanwhile, Shrivastava said, "Oversupply may also have caused a fall in prices of these crops. However, of the 5000 quintals that reached the Mandi, only 25-30 quintals of onion was sold below the rate of Rs 100 per quintal. This was because of poor quality," he said.

The Neemuch Mandi secretary said that, similarly, the garlic sold at lower price was of poor quality as well.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 04 2018 | 5:55 PM IST

Next Story