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India, the world's second largest onion exporter, had banned shipments of the kitchen staple in December 2023 till March 2024 due to rising domestic prices and potential shortages. This led to a surge in onion prices in neighbouring countries.
Barring the Northeast, retail onion prices have dipped by Rs 15-20 per kg across the country
India News: The government intervention of procuring kharif onion and disposing them of simultaneously have brought down average retail prices by 30% and wholesal
The average wholesale price of onion at the Agriculture Produce Market Committee (APMC) in Lasalgaon continued to drop on Tuesday. The average wholesale price has declined by around 20% over the past four working days. In the retail markets of Nashik city, the onion price has fallen by 50%. Find out more about the decline in onion prices and the impact of the onion export ban.
India Business News: India's export ban on onions has driven up prices for Asian buyers. Traditional buyers are scrambling for cheaper alternatives as India is unlikely to