Wu Chinhan, president of the Myanmar Onion, Garlic and Cooking Association, said changes in the Indian government's export policy could lead to a reduction in demand for Myanmar onions in foreign markets, Seven News reported on January 3.
government suspended onion exports in 2019 and will resume them in early 2021.
india's easing of onion export policies could lead to a reduction in Bangladesh's demand for onions from Myanmar.
past, Bangladesh imported more than half a million tons of onions a year from India.
India stopped exporting onions in 2019, Bangladesh mainly bought imported onions from Myanmar through border trade, buying 100,000 pounds a day, making the price of onions in the country a record high.
It is reported that due to the rise in onion prices last year, Myanmar this year planted a large number of onions, this year's rainy season local onion prices of about 500 kyats per burm, at present, last year's inventory of onion prices fell significantly, the market price per burm fell to about 100 kyat.