Onion prices in Asia and Middle East are going up after extension of export ban by India
EastFruit analysts draw attention to another extension of the ban on onion exports, recently announced by the Indian government. The previous onion export ban was introduced in December 2023 and was valid until March 31, 2024, but it has now been extended for an indefinite period.
The government argued that domestic onion prices have increased by 43% over the year to about $0.3
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