India buying back onions from Pakistan after exporting tonnes

[SpArK]

Pakistani traders exporting onions to India despite low production​

Pakistani traders are exporting onions to India despite a drop in domestic production due to unprecedented floods and a surge in prices in markets across the country, traders said today.

Prices of onions have maintained high levels due to crops being affected by the floods, especially in the southern Sindh province, where agricultural lands were devastated by heavy rains and swollen rivers during July-August this year. The exports began earlier this week after the price of onions registered a sharp rise in India.

About 100 trucks carrying thousands of tonnes of onions have been sent through the Wagah land border in Punjab and Khalil Bhatti, a leading exporter in Lahore, said exports to India are likely to continue till January 15.

There is no specific agreement with Indian importers on the quantity of onions to be supplied by Pakistan and exporters in Lahore were filling orders as and when they are received from importers. "About 400 to 500 tonnes of onions are being sent across the border daily from Wagah at the rate of between Rs44 and Rs48 a kilogramme," Bhatti told PTI.

"We are getting supplies from Sindh for both Punjab province and Indian importers," he said.

Due to the floods, onion production in Sindh alone registered a decline of 500,000 to 600,000 tonnes this season, traders at Karachi’s main vegetable market said. The southern province caters for most of Pakistan’s requirement of onions during the winter. Pakistan’s annual onion yield is estimated at five to six million tonnes.

Since exports to India began, onion prices in Pakistan’s retail markets surged from Rs60 a kg to Rs70 a kg. However, this is almost half the current price of onions in India.

Exporters have also been buoyed by the Indian government’s decision to abolish a seven per cent custom duty on onion imports to provide relief to people hit hard by a steep rise in the price of onions.

This is the first time in a decade that India has imported onions from Pakistan and Pakistani exporters are hopeful of making good financial gains.

Ironically, the Pakistan government was forced to allow the import of vegetables, including onions, from India earlier this year after the floods caused by unusually heavy monsoon rains devastated thousands of acres of agricultural land.



Pakistani traders exporting onions to India despite low production - World - DNA

 

[kak1978]

lol, what kind of topic is that on defence forum??

onions??? hahaha

You are surprised by discussion on Onions? There have been even better discussions here, eg: toilets in India.

Don't underestimate the power of Onions, In the 90s the government in India was at the verge of falling due to the price increase of Onions.

 

[SpArK]

Pakistan bans onion exports to India via land routes​

NEW DELHI (Commodity Online) : Fearing domestic price rise of onion, Pakistan said it will stop exporting the commodity to India via land route, including through railways.

According to Pakistan Ministry of Food and Agriculture, the ban on onion export to India through land route has been taken due to rising prices of commodity in the country.

However, export through sea routes will remain open, it said.

Onion prices in India remained very high as retail prices of onion are currently hovering around Rs 55-60 in the four metros.

India is importing the commodity from Pakistan to boost supply in the country to reduce prices.

Close to 620 trucks carrying onion from Pakistan have entered Indian territory at Amritsar via Attari-Wagah land route since the start of first ever import of bulb from neighbouring country last month.

Maharashtra and Karnataka are the two major onion-producing states in the country, accounting for 40 percent of the average annual output of 12 million tonnes.

india banned exports and removed import duty on onions to boost domestic supply and curb rising prices. Private traders have already imported over 5,000 tonnes of onions via road through Amritsar.



Pakistan bans onion exports to India via land routes | 06 January 2011 | www.commodityonline.com

 

[Hutchroy]

Pakistan bans onion exports to India via land routes​

NEW DELHI (Commodity Online) : Fearing domestic price rise of onion, Pakistan said it will stop exporting the commodity to India via land route, including through railways.

According to Pakistan Ministry of Food and Agriculture, the ban on onion export to India through land route has been taken due to rising prices of commodity in the country.

However, export through sea routes will remain open, it said.

Onion prices in India remained very high as retail prices of onion are currently hovering around Rs 55-60 in the four metros.

India is importing the commodity from Pakistan to boost supply in the country to reduce prices.

Close to 620 trucks carrying onion from Pakistan have entered Indian territory at Amritsar via Attari-Wagah land route since the start of first ever import of bulb from neighbouring country last month.

Maharashtra and Karnataka are the two major onion-producing states in the country, accounting for 40 percent of the average annual output of 12 million tonnes.

india banned exports and removed import duty on onions to boost domestic supply and curb rising prices. Private traders have already imported over 5,000 tonnes of onions via road through Amritsar.



Pakistan bans onion exports to India via land routes | 06 January 2011 | www.commodityonline.com

With Onions in short supply Pakistan - very rightly - banned the Export of Onions to India (I suppose the Export by Sea will be too expensive due to the costly Sea Transportation Charge) and this justifies the Indian Ban on Cotton Exports.

Thank you Pakistan for protecting the supply of Onions to Pakistani Consumers just as India has protected the Indian Cotton Consumers!

 

[ChinaRocks]

bad business practice by india , pakistan had the last laugh

 

[SpArK]

bad business practice by india , pakistan had the last laugh

Yes indeed.... government is now planning to ban eating onions here.

 

[StingRoy]

Thank you Pakistan for protecting the supply of Onions to Pakistani Consumers just as India has protected the Indian Cotton Consumers!

Maybe India shouldn't have exported the onions to Pakistan when it was reeling under flood damage to begin with ... You see trust and trade works both ways.