Tag: onion market trends
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India: Higher mandi prices limit onion procurement under government buffer stock programme
Open market prices significantly exceed procurement rate of INR 1,730/quintal Farmers show limited interest in buffer stock procurement The government’s plan to procure 0.2 mnt of onions under the Price Stabilisation Fund (PSF) is facing challenges in Maharashtra as growers continue to prefer open market sales over procurement by NAFED and NCCF.Market participants across key…