Turkey appears to have lifted its ban on onion exports

Turkey, which a year ago imposed a ban on the export of onions, onions and potatoes, unexpectedly lifted the ban on the export of onions, according to unconfirmed information from analysts of the EastFruit electronic publication. From there, they have not yet managed to find confirmations in official sources, but they have received signals for the cancellation of the ban from several market participants at the same time. If the information is confirmed, it will have an impact on onion market prices. It is possible that the authorities in Turkey decided to take advantage of the ban on the export of onions from Egypt, since at the moment the price level of the vegetable in the countries of the Middle East is high enough after the restrictions imposed on exports from India as well. The remaining suppliers are relatively distant and the logistics costs would be quite high. Another reason that could have influenced the decision to lift the export ban from Turkey is the relatively low ...