The average wholesale onion price has stabilized at Rs 750 per quintal at LasalgaonNASHIK: The Lasalgaon APMC, the country’s largest wholesale onion market, which had closed on July 7 after an onion trader tested positive for Covid-19, will restart auctions from Monday.
The wholesale market had first suspended onion auction for three days (up to July 9), but had later extended the closure up to July 12.
“We will start onion auctions from Monday morning. We have sanitized the premises,” said the APMC officials.
The procurement of onions by National Agricultural Co-operative Marketing Federation of India Ltd (NAFED), which had been affected due to the closure of the Lasalgaon market, will also restart on Monday.
The average wholesale onion price has stabilized at Rs 750 per quintal at Lasalgaon. But with Nafed increasing procurement, the average wholesale onion price is expected to increase by Rs 200 in the next two-three days, said the officials.
There will be no fresh kharif harvest till October-end. The summer onions, which are harvested in March and April, are stored by farmers with a hope of getting better prices. These onions cater to the market until the arrival of the fresh harvest.