Financialexpress.com reports that, in the last couple of weeks, NCCF has sold 9.637 tons of onions from its stock from Lasalgaon, Nasik to buyers in several states via the e-NAM platform. NCCF and Nafed currently have around 0.3 million tons of onion buffer stock which is being sold in the market to cool down the prices. Traders in Nashik are considering going soloOne week ago, 149 traders from Lasalgaon surrendered their licenses, mandated for carrying on business through the APMCs. Now, traders in Nashik are considering going solo by breaking away from the government-controlled Agriculture Produce Market Committee (APMC). They buy onion directly from farmers and sell in the retail markets.

Source: Hindustan Times September 29, 2023 18:31 UTC