Integrated India, "Financial Times", "Economic Times" September 24, 2013 reported that India ordered from China and Egypt 1,000 tonnes of onions arrived in Mumbai, Hong Kong, while imports from other sources is 300 tons clearance . Onion import price per ton $ 450, the Indian domestic price of $ 650 per ton. Indias onion exports to limit the minimum export price is limited to $ 900 per ton. Onion imports will effectively expand the Indian market onion supply, reducing onion retail prices.
Indian state governments to take measures to limit the onion prices, and played a positive effect. If Maharashtra onion prices rose 25-30% to Rs 60 per kg. After the state government to take urgent measures to limit, onion prices fell 10-30%.
Currently, imports increased and newly harvested onion will effectively alleviate the Indian domestic market supply pressures.
Indias cotton exports or
According to Indias "Business Standard" September 25 reported that due to Chinese imports of textile raw materials have a big change in policy will import more cotton yarn in lieu of demand for raw materials. The move is expected to make copies of cotton yarn exports doubled to two billion kilograms. Indian government has been hoping to local processing of raw materials in order to promote employment, increase income and therefore subject to the Government welcomes this phenomenon.
Chinese government does not advocate the implementation of cotton processing, to encourage the purchase can be directly used in the production of cotton yarn, so the cotton import duty levied based on import quantity as 1-40% range. Indian textile yarn currently before the order is more than cotton. According to the Indian Cotton Association expects cotton exports to China will be zero, and the last fiscal year of $ 9.5 million bales (170 kg per bag). Allegedly, Indias export growth will not be printed on cotton textile raw material supply local impact.