Pak­istan's farm­ers seek to ex­port sur­plus onion quan­tity as do­mes­tic prices de­cline

The Pak Banker - - NATIONAL - LA­HORE -APP

Pak­istan's farm­ers seek to ex­port sur­plus onion quan­tity as do­mes­tic prices de­cline amid ar­rival of fresh onion crops from the dif­fer­ent parts of coun­try es­pe­cially Sindh.

Onion prices have de­clined sig­nif­i­cantly over the last few months as huge quan­ti­ties of onion ar­rived re­sult­ing in gult like sit­u­a­tion as Baluchis­tan batch of onions is ex­pected to ar­rive dur­ing the month of De­cem­ber.

Wa­heed Ahmed, Chair­man All Pak­istan Fruit & Veg­eta­bles Ex­porters, Im­porters, and Mer­chants As­so­ci­a­tion ( PVFA) has said in a let­ter writ­ten to Agri­cul­ture Depart­ment of Sindh "it is high time that ex­port of onion may be al­lowed with im­me­di­ate ef­fect so that the grow­ers can fetch valu­able for­eign ex­change for the coun­try."

He fur­ther men­tioned that there has been dire need of in­creas­ing ex­ports for the weak­en­ing econ­omy of the coun­try.

The prices of onions have bot­tomed out in the re­cent weeks and the sit­u­a­tion is to worsen fur­ther in the com­ing few months as onions from Baluchis­tan are ex­pected to reach mar­kets across Pak­istan.

Mr. Wa­heed Ah­mad said that, "grow­ers of Sindh would cer­tainly be un­able to get good prices of their onion crops lead­ing to fi­nan­cial losses."

Chair­man fears that if farm­ers suf­fer losses due to de­cline in prices and ex­port permission not al­lowed, they may di­vert their fo­cus from onions to other crops. This would

gen­er­ate in- equi­lib­rium in the mar­kets and raise the prices for onion crops in com­ing fu­ture. More­over they will har­vest less and it would bur­den the com­mon man.

Ad­dress­ing Min­ster of Agri­cul­ture, Sindh PVFA has re­quested the au­thor­i­ties to im­me­di­ately al­low ex­port of sur­plus Onion crops.

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