Page 7 - Export Ban News Today

India might face a $4 to $5 billion drop in exports due to restrictions on wheat, rice, and sugar trade, aiming to control local prices. Attacks in the Red Sea might affect basmati rice shipments. To cope, India could use an African route, but ongoing attacks might raise rice prices by 15% to 20%

India Trade Restrictions: India might face a $4 to $5 billion drop in exports due to restrictions on wheat, rice, and sugar trade, aiming to control local prices. Attacks in the Red Sea might affect basmati rice shipments. To cope, India could use an African route, but ongoing attacks might raise rice prices by 15% to 20%

From belacan shrimp paste of Malaysia and Bangladeshi biryani to chicken chillies in Nepal or Sri Lankan fish curry, Asians have a dependence on Indian supplies of onions to lend spice to their favourite dishes.

For one, it is more remunerative to grow food grains, given higher prices and state government bonuses and assured procurement. Also, an increase in the area under cultivation need not result in a commensurate increase in output

Following a government ban on onion exports, wholesale prices plummeted by 50%. With kharif onion arrivals increasing, prices at Lasalgaon AMPC dropped from Rs 39-40/kg to Rs 20-21/kg. Farmers hope for a reversal akin to the ethanol diversion decision. The ban triggered immediate price drops, though demand might stabilize prices temporarily. Arrival rates surpass expectations, notably at Lasalgaon, with good quality despite hailstorm impacts. The market anticipates stable or slightly decreasing ...

The export curb decision in India has had an impact in Bangladesh as prices of the crop have shot up — from Tk 80 a kg to Tk 200 a kg — due to a perceived shortfall of onion, a key ingredient in most dishes in the country

The Union government's ban on export of onions is causing worries among farmers as onion prices have dropped suddenly. Farmers are facing a financial crisis due to the fall in onion prices. They are planning to protest against the crash in onion prices and demand the government to lift the ban.

One or two states can’t take the burden of food production anymore. From return to ecology friendly farming practices to farmer-consumer cooperatives and technologies like solar-based vegetable dehydrating, there is much work to be done to stabilise prices, ensure food security, and keeping farmers and consumers happy

Finance minister Nirmala Sitharaman defends government's ban on export of certain products, such as onions, to protect the interest of domestic consum

The government has extended the ban on exporting de-oiled rice bran, a key component in cattle and poultry feed, until March 31, 2024. The move aims to stabilize domestic feed prices and curb the rise in milk prices. Experts suggest the ban will enhance product availability locally. However, the Solvent Extractors Association of India urged the government to reconsider, citing minimal impact on feed and milk prices.