No onion exports for next 15 days

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New Delhi, Oct 03, 2007: Under pressure from spiralling onion prices in the domestic market, the government has suspended onion exports for 15 days and raised the minimum export price to a record high of $495 per tonne with effect from October 1.

The temporary ban comes a day after NAFED and 12 other canalising agencies increased the minimum export price by 50 dollars a tonne.

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