Diesel crisis cripples Lasalgaon onion market, may affect auction
India, May 22 -- Fuel scarcity related to the US-Iran conflict has hit the country's largest onion wholesale market hard. Traders at the Lasalgaon mandi, located approximately 56 km from Nashik city, claimed transportation of the vegetable to different states is stalled because trucks are unavailable.
Traders dispatch about 50 onion-laden trucks daily from Lasalgaon to various states, including Assam, Bihar, West Bengal, Delhi and Gujarat. Nashik onions are highly sought after for their superior quality, primarily the 'Nashik Red' or 'Niphad Red' varieties.
Traders are now considering abstaining from onion auctions fearing heavy financial losses.
The Lasalgaon Merchants Association (LMA) wrote to the Agriculture Produce Market Committe...
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