Now, onions from Egypt in the Indian market

The state of Maharashtra and the African country of Egypt are all set to create history by trading onions for the first time With a poor crop causing prices of the kitchen essential to soar traders have resorted to importing the vegetable from the distant shores of Africa The shortage of onions leading to the skyrocketing prices made onions a very costly commodity in the market For the first time ever Mumbai will be importing onions from Egypt The new 60tonne consignment hit the APMC market this morning after being brought in from Jawaharlal Nehru Port Trust Representation pic Since prices started skyrocketing earlier this year traders have blamed it on a paucity of the bulbous vegetable owing to the poor rains last year The dearth of the commodity has prompted traders to call for consignments from Egypt which will be entering Vashirsquos Agricultural Produce and Marketing Committee APMC market this morning Traders from the market claim that this is the first time that onions from Egypt would be entering APMC Vashi A total of four containers are being imported from the African country each containing 15 tonnes of what has now become a costly commodity in the country Speaking to MiD DAY the trader who has imported the consignment revealed that the order for 60 tonnes of the vegetable was placed around a month ago ldquoItrsquos difficult to predict the rate the commodity would fetch as that would depend on its quality If the produce gets an acceptable rate then we would sell all of it at APMC marketrdquo said the trader Back in 199798 when the prices of onion had gone up onions from Iran had entered the market According to market sources the onions will be coming to the importerrsquos godown via Jawaharlal Nehru Port Trust JNPT popularly known as Nhava Sheva Ashok Walunj director of the onion potato market at APMC Vashi confirmed that over 4000 bags of onion are being expected to enter the market ldquoThe traders who have imported the produce will be bringing it to APMC at 11 am on Saturday Only after that would we be able to detect if there has been any percentage of damage to the producerdquo said Walunj However this method of acquisition hasnrsquot been without its glitches A trader from the Vashi market said that the onions coming from Egypt could fetch any price between Rs 4548 per kilo ldquoAs per the information going around in the market there has been 10 per cent damage to the commodity as there was an uncalledfor delay in getting all the necessary clearances in the customs at JNPTrdquo said a trader Meanwhile the trading enterprise that has imported the onions confirmed that it took 14 days for the commodity to reach the port S N Maharaja chief manager of operations at JNPT said it was difficult to confirm the consignment till he got his hands on the container number Meanwhile the trader who has imported the consignment did not pick up calls made by MiD DAY all day Price wars Rates of onions at APMC wholesale market for a kilo Rs 4052 September 13 Rs 4252 September 12 Retail market rate as of yesterday for a kilo Rs 60 Mumbai Central market Rs 55 Dadar marketu00a0