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Photo: collected
Dhaka: India has announced the suspension of onion exports. No onions arrived from India on Monday (September 14) through the country’s three main land ports.
However, no one has been able to say why the onion has stopped coming out since this morning. Although late, India has officially announced the suspension of onion exports.
On Monday (September 14), the Foreign Trade Department of the Indian Ministry of Trade and Industry issued a notice announcing the ban on exports of onions abroad.
The circular, signed by Amit Yadav, Director General, Department of Foreign Trade, Ministry of Trade and Industry, India, states that all onion exports will remain suspended until new orders are submitted under Section 3 of the Trade Act. Exterior of India, 1992. However, thorns and onion powder will be exempted from the ban.
The onion crisis has affected the Indian national market. This is why India is believed to have banned onion exports outside of its own country.
Earlier, Shankar Das, a CNDF agent at the Hili land port in Dinajpur, said that it had been raining and flooding in various parts of India for several days. Because of this, the areas that produce the most onions in India have been submerged. In addition, the price of onion has also risen in the local market. They may have stopped exporting onions to Bangladesh to keep the onion price fair in their own country.
Benapole Customs Deputy Commissioner Kalyan Mitra Chakma said he was not aware of any instructions to stop onion exports to India. Parvez Aman, deputy commissioner of Bhomra Custom House, said the same at the time.
Also last year, India was quick to stop onion exports. As a result, the price of onion increased in Bangladesh. At that time, onions were selling at a record price of 300 Tk per kg on the retail market. This time, after the announcement to stop the export of onion, the price has started to rise in the country’s retail market. Indian onions sell for between Rs 60-75 / kg. And 60 to 70 rupees per kg of domestic onion.
Read more >> India stopped exporting onions to Bangladesh
** Exports to India stopped, onions brought from Turkey
** The price of onion has risen from Rs 10-20 per kg overnight.
Bangladesh time: 0323 hours, September 15, 2020
TR / HAD
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