The ban on onion exports from India has been extended until March of next year, causing a dilemma for Sri Lankan importers who are struggling to meet the local demand, according to a spokesperson. India implemented this ban in order to ensure an adequate supply of onions in their domestic market and to stabilize prices. Sri Lanka heavily relies on India for its onion supply as local production is limited. The Essential Food Commodities Importers and Traders Association spokesperson stated that importers are currently exploring alternative suppliers. Sri Lanka typically imports approximately 20,000 tonnes of onions each month. However, finding alternative markets is proving to be a challenge due to the high prices. The spokesperson explained that since onions are perishable, they usually place orders for weekly shipments. Unfortunately, the current expensive prices make it difficult to switch to different markets. A shipment was expected to arrive yesterday. As a result of the limited supply, the price of onions in the local retail market has risen to around Rs.300 per kilo.
