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Minimum export price News

14 Sep 2024

Govt Scraps Minimum Export Price Thresholds On Onion, Basmati rice

The APEDA (agricultural and processed food products export development authority) has been requested to take immediate action to implement the decision and it will also closely monitor export contracts for any non-realistic prices for basmati exports.

26 Sep 2023

Festive Bonanza For Indian Farmers! Govt To Slash Floor Price Of Basmati Rice

India will lower the basmati floor price to $850 a metric ton, down from $1,200 a ton, to help millers and traders ship out the rice grade, said the sources.

Onion production

02 Jan 2018

Govt estimates 4.5% drop in onion output for 2017-18

As per the ministry's first advance estimate, area sown to onion remained lower at 1.19 million hectare in the current year as against 1.30 million hectare in the last year.

minimum export price

26 Dec 2017

Minimum export price on onion likely to be hiked from $850/tonne to $1000/tonne

MEP is the minimum rate below which exports are not allowed.

minimum export price

23 Nov 2017

Govt imposes $850/tonne MEP on onion to boost local supplies

MEP is the minimum rate below which exports are not allowed.

26 Dec 2015

Onion exports fall 18% during Apr-Sept on govt restrictions

Exports dipped during the first six months of the fiscal as the government had hiked the minimum export price (MEP) to USD 700 per tonne in August this year as prices skyrocketed on lower output due to unseasonal rains.

wholesale prices

08 Dec 2015

Maharashtra govt wants onion MEP to go as price falls to Rs 10/kg

In August, the government had hiked onion MEP to USD 700 per tonne.

25 Aug 2015

Onion prices likely to fall as govt hikes MEP to $700 per tonne

The Commerce Ministry has hiked the minimum export price (MEP) of onions by USD 275 per tonne to USD 700 per tonne to ensure adequate domestic supply and contain price rise.

08 Apr 2015

Government cuts minimum export price of onion to $250/tonne

The government has slashed the minimum export price (MEP) of onion by USD 50 per tonne to USD 250 per tonne, a move which would help in encouraging exports of the commodity.

19 Feb 2015

Govt removes minimum export price on potato

The government has decided to remove the minimum export price of potato as its availability has increased and prices have eased in domestic markets.

06 Feb 2015

Branded edible oil export support price reduced to USD 900/tonne

The government on Friday further reduced the minimum export price (MEP) of edible oil in branded consumer packs of up to five kg to USD 900 per tonne, a move which would help in boosting outward shipments of the commodity.

20 Aug 2014

Govt cuts minimum export price of onion to $350/tonne

The government Wednesday reduced the minimum export price (MEP) of onion to USD 350 per tonne following improvement in domestic supply situation and softening of prices.

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