Overseas buyers stocked Pakistani onions, leading to a crash in prices. Though India reversed the export ban on onions 10 days ago, export demand has dried up as Indian onion is more expensive than Pakistan’s. One of the primary factors hindering the export demand for Indian onions is the notable price difference between Indian and Pakistani verities.
India lifted export ban on onions, impacting domestic and international markets. Exporters face limited demand with Indian onions more expensive than Pakistani onions due to $550 per tonne minimum export price. Overseas buyers stocked Pakistani onions, leading to a crash in prices. Exporters say that now Indian onion has become more expensive than Pakistani onion.
Presentation- Dibyabharati Nayak
