Local time on July 20, the Indian government announced that, in order to ensure the supply of the domestic market, India will ban the export of rice in addition to steamed grain rice and Indian fragrant rice. Local time on August 19, India's Ministry of Finance issued a notice, will be onion exports levied 40% tariffs. This notification is effective immediately and will be implemented until December 31 this year. 


  According to the notification, the purpose of this measure is to curb the price increase of onions, while ensuring adequate supply in the Indian domestic market. Data show that the wholesale price of onions in India's major markets rose to 24 rupees per kilogram (about 2.1 yuan) between July and August, an increase of nearly 20%. 

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  Indian onion prices are highly sensitive to the climate, when encountered in the anti-seasonal rainy season or high temperature, India's domestic production will fall, the price rose. India's main onion producing areas in July suffered monsoon rains, resulting in increased onion rot, and the next India may encounter more than 100 years of the driest August, onions and other crops will be affected by the yield, the industry is expected to the future of onion prices will rise further. 


  Previously in the 11th, the Indian government has begun to release onions from stockpiles. Reuters reported that India is the world's largest onion exporter, onion exports reached 1.46 million tons in the first half of this year, an increase of about 63%. It is reported that due to the recent vegetable prices overall high, India's consumer price index in July rose 7.44% year-on-year, the highest level in 15 months.