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Lasalgaon is a prominent hub for onion cultivation and thus the onion's name is derived from this town, with 99% of its agricultural area dedicated to this crop, engaging over 1,000 farmers. The region's onion market is equally impressive, handling approximately 2.5 lakh tonnes of onions annually.
Public markets across Pakistan stayed closed on Saturday due to a strike by retail associations over rising electricity prices and brisk inflation, as the country embarks on a tricky path to ...
Pakistan Customs in September 2023 conducted an intensified anti-smuggling campaign across the country, resulting in the seizure of essential commodities valued at 2.25 billion rupees. The seized items encompassed a wide range of essential goods, including sugar, urea, petroleum, currency, tires, black tea, vehicles, iron, steel, and various ...
China lent Pakistan further 700 million dollars to shore up Forex reserves. [49] Pakistan's Consumer price index (CPI) further jumped to 31.5%, the highest annual rate in 50 years. [50] Also Fitch downgrades Pak's sovereign credit rating from CCC+ to CCC-. The New York-based ratings agency warned that a default could be a "real possibility". [51]
It’s a complete 180 from the Southeast Asian nation’s problems a year ago—when dwindling supply was causing prices to become more expensive than beef. In the Philippines, Onions Are Now Too ...
The "new" shipments of onions caused many futures traders to think that there was an excess of onions and further drove down onion prices in Chicago. By the end of the onion season in March 1956, Siegel and Kosuga had flooded the markets with their onions and driven the price of 50 pounds (23 kg) of onions down to 10 cents a bag. [6]
In December, when fresh crop usually begins to arrive, onion shipments were reduced from 2000 to 3000 tons a day to 700-800 tons a day in New Delhi markets, [5] raising the price of onion from ₹ 35 (42¢ US) to ₹ 88 (US$1.10) per kg in the period of one week. [6] The price on some online portals was significantly lower, about 30-40/kg.
The new shipments of onions caused many futures traders to think that there was an excess of onions and further drove down onion prices in Chicago. By the end of the onion season in March 1956, Seigel and Kosuga had flooded the markets with their onions and driven the price of 50 pounds (23 kg) of onions down to 10 cents a bag. [6]