Why have onion prices crashed in the past three weeks?

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The Indian government's decision to ban onion exports until March 2024 resulted in a drastic 60% price decline in less than three weeks. The ban aimed to address issues like under-invoicing and wrong export policies, including the absence of a fixed floor price with the initial export duty and the subsequent removal of duty without a minimum export price.

from Agriculture-Economy-News-Economic Times https://ift.tt/qvcPzJB

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