Minimum export price reduction for onions results in an adjusted export threshold under Letter of Credit requirement policy. The notification amends export conditions to permit onion exports at specified ITC (HS) serial numbers only on Letter of Credit and subject to a Minimum Export Price (MEP) of US$ 850 F.O.B. per metric ton until further orders, and records an operative reduction of the MEP for listed onion varieties to US$ 250 per metric ton, down from US$ 300 per metric ton.