As India bans onion export, prices in Nepal go up 25 percent overnight

With India once again imposing a ban on the export of all varieties of onions, its market price in Kathmandu has gone up as much as 25 percent within a day

Sep 15, 2020
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With India once again imposing a ban on the export of all varieties of onions, its market price in Kathmandu has gone up as much as 25 percent within a day.

The wholesale price of onion jumped to Rs75 per kg during Tuesday morning trade from Rs60 per kg on Monday, according to Kalimati Fruits and Vegetable Market Development Board that updates rates of fruits and vegetables.

On Monday, the Directorate General of Foreign Trade, India issued a notice stating that the export ban on all varieties of onion with the immediate effect. The ban comes six months after it had been lifted in March.

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