Government of to buy 1,650 tonnes of onions from traders for Bangladesh

National Cooperative Export Ltd (NCEL), the government's export agency, will buy 1,650 tonnes of onions at ₹29/kg from private traders for exports to Bangladesh, said industry people.This will be the first official export of the key kitchen. staple from India in more than three months since the country banned its export from December 8 to March 31. In March first week, the Center allowed export of 64,400 tonnes of onions to countries from which it had received requests through diplomatic channels, government officials said. at the time.India's ban on onion exports aimed at tempering rising domestic prices had triggered a crash in domestic prices. It also led to a sharp increase in international prices as non-availability of Indian onions led to a global shortage. Demand from India's traditional buyers like Bangladesh, the Middle East and some countries from Southeast Asia is at its peak during the ongoing Ramadan season. Onion exporters had recently written to the Center claiming ...