date:Sep 27, 2020
then it has a cascading effect on Bangladesh markets. Besides, many businessmen hoard onions to make extra money at times of shortage.
Shaha fears that onion prices could see a sharp rise in the coming days if the Indian government doesn't lift the ban on exports to Bangladesh. Onion is a seasonal crop and its shortage during the offseason often leads to price rise. However, after September 30, onion prices may stabilise as imports are likely to come in from Pakistan, Turkey and Myanmar.