Spring Onion
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Import by India pushes onion rates up in Pak
Rising import of onion by India has flared up prices of the commodity in Pakistan by 25-30 per cent, which would jack up the cost of new import orders from India, traders said on Tuesday.
“Because of increased import by India, the rates of onion in the domestic markets of Pakistan have also shot up in the range of 25-30 per cent ... and these new rates will have bearing on new import orders,” Amritsar-based vegetable trader Rajdeep Uppal told PTI.
Vegetable traders imported onion at USD 400 a tonne (around Rs 18,000 a tonne) from Sindh provision in Pakistan. .
“The size of crop in Pakistan is also not very huge… therefore rising demand from India has pushed up the rates, which will result in higher payment for imported onion,” he said.
There was a statement that India had banned Onion export few days back so now prices are stable in India.
I would say Pakistan should also put a ban on export of Onions to stop further hike here as we are already getting onion at high price here per Kg