Wait...
Search Global Export Import Trade Data
Recent Searches: No Recent Searches

Govt hikes minimum export price of onions to boost domestic supplies.


Date: 06-11-2013
Subject: Govt hikes minimum export price of onions to boost domestic supplies
New Delhi: The Centre has hiked the minimum export price of (MEP) of onions to $1,150 per tonne for boosting domestic supplies and controlling prices which have been ruling at very high levels for about three months.

On September 19, the government had raised the MEP to $900 per tonne, from USD 650 per tonne imposed on 14 August . Onions can't be exported below the MEP. This is the third hike in recent months aimed at discouraging exports. Although export volumes have come down, the domestic retail prices still remain at unaffordable level of Rs 60-70 per kilo in most parts of the country.

-Export of all varieties of onions'will be subject to a MEP of $ 1,150 per tonne,- Director General of Foreign Trade ( DGFT) said in a notification. Traders said however that the latest MEP hike may only create some -psychological impact- because overseas shipments, in any case, are not happening as market players are getting better rates in the domestic market.

Onion exports in August had come down substantially to 29,000 tonne after a minimum floor price was imposed on shipping them in the overseas markets. The government has been keeping a close watch on the price situation and has taken several measures to improve supplies including more imports. The Centre has also directed all state governments to crack down on hoarders and speculators who are keeping onion prices artificially high.

There is short supply of onions as much of the stored crop from last year exhausted. New crop from South India is yet to arrive in huge quantities in consuming states. Maharashtra, Karnataka and Gujarat are some of the main onion producing states.

Source : sahilonline.org

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 19-07-2025
Notification No. 34/2025-Customs
Seeks to amend notification No. 146/94-Customs, dated the 13th July, 1994 to omit serial number 10A.

Date: 18-07-2025
Notification No. 33/2025-Customs
Seeks to amend notification No. 146/94-Customs, dated the 13th July, 1994 to provide exemption on import of Horses for Polo (HS 0101 29 10) under specified condition.

Date: 16-07-2025
Notification No. 47/2025-Customs (N.T.)
Appointment of Common Adjudicating Authority for the purpose of finalization of Provisional Assessment in SVB case w.r.t. M/s. Ammega Belting India Pvt. Ltd. -reg

Date: 15-07-2025
Notification No. 46/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

Date: 30-06-2025
Notification No. 44/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

Date: 30-06-2025
Notification No. 32/2025-Customs
Seeks to amend Notification No.130/2010- Customs dated 23.12.2010 to extend the exemption benefits to Air Canada.

Date: 13-06-2025
Notification No. 43/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

Date: 11-06-2025
Notification No. 42/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

Date: 06-06-2025
Notification No. 13/2025-Customs (ADD)
Seeks to impose Anti Dumping Duty on imports of ‘Insoluble Sulphur’ originating in or exported from China PR and Japan.

Date: 30-05-2025
Notification No. 38/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver



Exim Guru Copyright © 1999-2025 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001