As per 18th April news in ToI & business standards about Onion price rise in Maha & Gujrat. See who use to get more and will get more due to environmental.
In the district APMCs, the average wholesale onion prices, which were in the range of Rs 575 to Rs 801 a quintal on April 10, rose to Rs 750-Rs 1,011 on Thursday. In the retail market, good quality onions were sold in the range of Rs 12 to 15 a kg.
My Analysis: This means, farmer were getting 5.75 rs to 8 rs per kg. now they will get 7.5 to 10 per kg in Maharashtra
http://timesofindia.indiatimes.com/india/Onion-prices-rise-about-40-in-a-week/articleshow/33877660.cms
Industry insiders say hailstorm and unseasonal rainfall across many parts of India have damaged significant amount of crop. As a result, prices of best quality onion has risen from Rs 75 -100 per 20 kg to Rs 125-150 per 20 kg at Mahuva market in Gujarat. Average price has stood between Rs 60-120 per 20 kg.
My Analysis: This means, farmer were getting 3.75 rs to 5 rs per kg. now they will get 5.25 to 6 per kg.
http://www.business-standard.com/article/economy-policy/gujarat-farmers-set-to-reap-benefit-as-onion-prices-go-up-114041400881_1.html
Original -
Some facts
1) Onions are the second-most consumed vegetable in India, after potatoes.
2) Onions can be stored for long without much expense.
3) Maharashtra and Karnataka accounts for the half onion market. e.g. in 2011-12, Out of 15.8 million tons of onion produced in India, 32% came from Maha and 17% from karnataka.
4) In Maharashtra, most of the onion come from the Pune-Nashik belt..
5) Both states harvest onions in Winter, Mandi's in Bangalore get onion between sept and jan while in Maharashtra, between dec and february.
6) Most of the production is done by small farmers.
7) These farmers sell after harvest at low price to traders.
8) Traders sell across india at high price. Referring to point 2 , traders have storages to keep purchases for longer time. (Hoarding)
9) Traders have credit link with Farmers which creates space for exploitation.
10) Trading business has monopolistic tendencies, for historical and financial reasons, large storage capacities for onion have remained with private traders and that too in nashik belt.
11)who are Onion Traders?
a) Commision agent-cum-wholesalers
b) forwarders-cum-store owners
c) transport or railway agent
12) Market is imperfect with very few buyers (traders) and many sellers (farmers)
13) India exported 3 lakh tonnes of onion this year between January and may.
14) Whats reason behind export: if the country abruptly stops exports, it will not be seen as a reliable supplied in international markets.
Solutions:
1) Other states like Punjab, IP, Assam and Chattisgard should start growing onions.
2) We need to have onion warehouses, who avoids supply-demand manipulations.
Political
Small wonder that the onion prices have been an important political issue: They were the decisive factor in the 1998 state elections in Delhi and Rajasthan, and were responsible for bringing down the central government in 1980.
Reference: Article in Economic Times , Dated 1st Oct 2013
In the district APMCs, the average wholesale onion prices, which were in the range of Rs 575 to Rs 801 a quintal on April 10, rose to Rs 750-Rs 1,011 on Thursday. In the retail market, good quality onions were sold in the range of Rs 12 to 15 a kg.
My Analysis: This means, farmer were getting 5.75 rs to 8 rs per kg. now they will get 7.5 to 10 per kg in Maharashtra
http://timesofindia.indiatimes.com/india/Onion-prices-rise-about-40-in-a-week/articleshow/33877660.cms
Industry insiders say hailstorm and unseasonal rainfall across many parts of India have damaged significant amount of crop. As a result, prices of best quality onion has risen from Rs 75 -100 per 20 kg to Rs 125-150 per 20 kg at Mahuva market in Gujarat. Average price has stood between Rs 60-120 per 20 kg.
My Analysis: This means, farmer were getting 3.75 rs to 5 rs per kg. now they will get 5.25 to 6 per kg.
Original -
Some facts
1) Onions are the second-most consumed vegetable in India, after potatoes.
2) Onions can be stored for long without much expense.
3) Maharashtra and Karnataka accounts for the half onion market. e.g. in 2011-12, Out of 15.8 million tons of onion produced in India, 32% came from Maha and 17% from karnataka.
4) In Maharashtra, most of the onion come from the Pune-Nashik belt..
5) Both states harvest onions in Winter, Mandi's in Bangalore get onion between sept and jan while in Maharashtra, between dec and february.
6) Most of the production is done by small farmers.
7) These farmers sell after harvest at low price to traders.
8) Traders sell across india at high price. Referring to point 2 , traders have storages to keep purchases for longer time. (Hoarding)
9) Traders have credit link with Farmers which creates space for exploitation.
10) Trading business has monopolistic tendencies, for historical and financial reasons, large storage capacities for onion have remained with private traders and that too in nashik belt.
11)who are Onion Traders?
a) Commision agent-cum-wholesalers
b) forwarders-cum-store owners
c) transport or railway agent
12) Market is imperfect with very few buyers (traders) and many sellers (farmers)
13) India exported 3 lakh tonnes of onion this year between January and may.
14) Whats reason behind export: if the country abruptly stops exports, it will not be seen as a reliable supplied in international markets.
Solutions:
1) Other states like Punjab, IP, Assam and Chattisgard should start growing onions.
2) We need to have onion warehouses, who avoids supply-demand manipulations.
Political
Small wonder that the onion prices have been an important political issue: They were the decisive factor in the 1998 state elections in Delhi and Rajasthan, and were responsible for bringing down the central government in 1980.
Reference: Article in Economic Times , Dated 1st Oct 2013
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