India bans onion exports until March 31, 2024

MUMBAI (Reuters) – India has imposed a ban on exports of onions until March 31, 2024, according to a government order issued late on Thursday.

India had previously imposed a minimum export price of $800 per metric ton, until Dec. 31, 2023, to discourage exports, in an effort to curb surging local prices.

(Reporting by Shilpa Jamkhandikar Editing by Mark Potter)