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The ban on export of onion till March 31, 2023, continues to control prices and ensure domestic availability, according to Consumer Affairs Secretary Rohit Kumar Singh. Modal wholesale onion prices in Lasalgoan rose 40.62% to Rs 1,800 per quintal. The ban may continue post March 31 due to lower rabi onion production, especially in Maharasthra. ....
Driven by reports of the lifting of the export ban on the commodity, the modal wholesale onion prices shot up 40.62 per cent to Rs 1,800 per quintal on February 19 in Lasalgaon, the country s largest wholesale onion market, from Rs 1,280 per quintal on February 17. ....
India Business News: An APMC official said the development had a positive impact on the average prices at Lasalgaon, the country's largest wholesale onion market. The aver ....
India banned the export of onions effective December 8 to make the essential kitchen staple cheaper for domestic consumers. This has led to a crash in the price from more than ₹40 a kg to around ₹13 currently in the wholesale market of Nashik, India s main onion-growing region. The ban on exports by the second largest onion producer, which used to ship 40,000-50,000 tonnes of the commodity every week, caused a spike in international prices. ....
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