Daily inflows from Lasalgaon have reduced to 50-60 truckloads from 80-90 truckloads few days back.
There is a paucity of good quality onion (No 1) in the market as the current inflows are of second grade (No 2) onion, Shyamji Gala, a local trader told FE. Overall demand is average and remains low during the summer season. There are stocks of good quality onion stored with farmers and stockists but they are not sellers right now, market sources said. Prices at Nasik mandis are around Rs 450-550 per 10 kg but offtake is low.
Fresh buying may come up after mid-June, Rajendra Raskar,president, Kanda Batata Association said. Nafed has reduced its Minimum Export Price (MEP) by $30 a tonne for different destinations for the current month.