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of <h1>Onion Export Price Hiked to $500 per Ton to Counter Rising Prices and Delayed Monsoon Impact.</h1> The Inter-Ministerial Committee decided to increase the Minimum Export Price (MEP) for onions to USD 500 per metric ton FOB, equivalent to Rs.30.00 per kg, due to rising wholesale and retail prices and delayed monsoon conditions. Despite the previous MEP of USD 300 per metric ton, onion exports had not significantly decreased. The decision aims to curb domestic price increases and boost local supply.
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