FTP - Onions - Minimum Export Price hiked sharply

By Vijay Kumar

DGFT has increased the Minimum Export Price of onions from USD 425 to USD 700 F.O.B. per Metric Ton.

Bangladesh newspapers prominently reported that Onion prices jumped in Bangladesh after India raised minimum export prices to USD 700 (Tk 54,460) per ton from USD 425 (Tk 33,065).

DGFT Notification No. 18/2015-2020, Dated: August 24, 2015