Thursday, January 6, 2011

Pakistan bans onion export to India through land route

Pakistan on Thursday imposed ban on export of onion through land route i.e Wagha border, while the export of the commodity would continue through sea, Geo News reported.

According to sources in Ministry of Commerce, authorities concerned will keep vigil on export of onions through sea route so as to control the prices and shortage of it in local market.It is pertinent to mention here that price of onion had jumped to Rs80 from Rs45 in the past month.

Around 60,000 tonnes of onion had been exported to India this season.Interestingly, India had banned export of onion and booked orders of the commodity from Pakistan in large quality. It was owing to less yield of crop this season.Meanwhile, Pakistan is also facing shortage of onion due to devastating floods that had destroyed crop on thousands of acres.Reports GeoTv

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