Price of Malaysian Onion Decreases Due to a Sharp Fall in Indian Exports

The price of Indian onion in Malaysia saw a sudden fall in the last week of June-22. It recorded a 45.5% WoW drop as well as a 45% YoY to USD 0.80/kg. A substantial decrease in export volume from India, Malaysia's primary source for onions, has driven the price of onions in India to go down in recent weeks. This is due to export restrictions in India, and logistics constraints induced by the COVID-19 pandemic.