India banned onion exports; now Asia has eye-watering prices

Since the ban, countries such as Bangladesh have turned to the likes of Myanmar, Egypt, Turkey and China to increase supplies in a bid to bring prices down. There won't be any meaningful drop in prices before summer-sown crops start to hit the market. That's not expected until mid-November, meaning the export ban isn't going away in the near term.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2nSQAMC
via IFTTT