minimum export price onion – Artifex.News https://artifexnews.net Stay Connected. Stay Informed. Sat, 28 Oct 2023 13:52:15 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://artifexnews.net/wp-content/uploads/2023/08/cropped-Artifex-Round-32x32.png minimum export price onion – Artifex.News https://artifexnews.net 32 32 Government imposes minimum export price of $800 per tonne on onion till December 31 https://artifexnews.net/article67470419-ece/ Sat, 28 Oct 2023 13:52:15 +0000 https://artifexnews.net/article67470419-ece/ Read More “Government imposes minimum export price of $800 per tonne on onion till December 31” »

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A vegetable vendor arranging onion and other vegetables at a local market, in New Delhi. File
| Photo Credit: Sushil Kumar Verma

The government on Saturday imposed a minimum export price (MEP) of $800 per tonne on onion exports till December 31 this year with a view to increase availability of the vegetable in the domestic market and contain prices.

“Exports on onion is free. MEP of $800 FOB (free on board) per tonne is imposed till December 31, 2023,” the Directorate General of Foreign Trade said in a notification.

Onion prices have further risen to ₹65-80 per kilogramme in the retail market of the national capital on lower supply.

Mother Dairy, which has around 400 Safal retail stores in the Delhi-NCR, is selling loose onions at ₹67 per kg. E-commerce portal Bigbasket is selling at ₹67 per kg, while Otipy at ₹70 per kg.

Local vendors are selling onions at ₹80 per kg.



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