Since the prohibition in September, buyers are sourcing crop from Myanmar, Egypt, Turkey, China. FMTNews
MANCHAR: India may keep a ban on onion exports until February because domestic prices have risen after the harvest of summer-sown crops, which were expected to augment supplies, was delayed and damaged by untimely rains, a government official said.
Wholesale onion prices are about 40 rupees per kg, down slightly from 55 rupees earlier this month, the highest in six years, according to data compiled by the state-run National Horticultural Research and Development Foundation. A spokeswoman for India’s Ministry of Commerce, which enacted the ban at the request of the Consumer Affairs department, did not immediately respond to an email requesting comment on how long the export ban would last.
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