Friday, Apr 19 2024 | Time 19:54 Hrs(IST)
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Onion auction 'bandh' in Chandwad APMC

Nashik, Oct 26 (UNI) In order to control the rising market price of onion at Chandwad Agricultural Produce Market Committee, the Central Government has imposed restrictions on the stock limits of wholesalers and retailers. Therefore, the Onion Traders Association of Chandwad decided to close the onion auction indefinitely from today.
According to sources said , recently the central government taking decisions banned onion export and also imposed a stock limit on the traders to improve the domestic availability of the commodity and provide a relief to consumers. The central government said retailers can stock onion nly upto 2 Tonnes and wholesale traders are allowed to keep upto 25 metric Tonnes of onion in stock.
After the ban on export the central government, the onion traders are confused by onion storage restrictions imposed on trades. Due to this the onion traders in Lasalgaon and other APMC markets did not start the auction today.
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