Business Daily from THE HINDU group of publications
Friday, Mar 02, 2007
ePaper


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Agri-Biz & Commodities - Horticulture/Fruits & Vegetables
Industry & Economy - Exports & Imports
Onion exports top record 1 m tonnes

Our Bureau

New Delhi, March 1 For the first time, onion exports from the country have crossed one million tonnes (mt).

This comes even as the Centre, through the National Agricultural Cooperative Marketing Federation of India (Nafed), has announced curbs on shipments through steep increases in the minimum export price (MEP) of the commodity.

According to the Agriculture Ministry, the total quantum of onion exports during the current fiscal stood at 10.23 lakh tonnes (lt), valued at Rs 870 crore, as on February 17.In the last five years, onion exports have more than doubled in both quantity and value terms.

During 2005-06, total exports stood at 7.78 lt, the major destinations being Bangladesh (3.50 lt), Malaysia (1.17 lt), UAE (0.85 lt), Sri Lanka (0.74 lt), Pakistan (0.41 lt), Nepal (0.27 lt), Singapore (0.16 lt), Bahrain (0.14 lt) and Mauritius (0.11 lt).

More Stories on : Horticulture/Fruits & Vegetables | Exports & Imports

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
A harvest of platitudes for farmers


`No profitable prices for farmers'
Onion exports top record 1 m tonnes
Curbs on arecanut import boost domestic prices
Covering buys keep spot rubber steady
Record price for Havukal Estate tea
Foodgrains' association unhappy
`Edible oil market has discounted cut in additional duty'
Higher volume
Cardamom rules steady
Pepper futures move up on bull operators
Govt to offer weather-based insurance scheme soon
Wheat, rice futures freeze: `A preventive step'


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line