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Prices surge in Asia after India bans exports on onions

Shortpedia

Content Team
Image Credit: shortpedia

Be it Pakistan, Nepal, Bangladesh, Asian consumers will now have a hard time as India, the world's biggest seller of onions, has banned exports after the extended Monsoon downpours delayed harvests and supplies shrivelled. New Delhi banned all exports from India after local prices jumped to 4,500 rupees per 100 kg, their highest in nearly six years, due to the delay in summer-sown crop arrivals triggered by the rains.