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Iran bans exports of potatoes and onions to regulate local market

Christian Fernsby ▼ | April 2, 2019
Starting April 4th, potato and onion exports will be banned in Iran.
onion
Asia   Onion exports to Iraq have turned to be a reason of increasing prices
The aim is to start regulating the local market, said Deputy Ministry of Industry, Mine and Trade of Iran, Abbas Ghobadi.

He noted that in the past weeks, exports, especially onion exports to Iraq, have turned to be a reason of increasing prices of this products in Iran.

Therefore, Iran's market regulation committee decided to ban exporting potatoes and onions from the country, he added. Gobadi further noted that tomato exports have been freed from restrictions in Iran's southern provinces. In the last few days, the price for a kilogram of onions exceeded 140,000 rials (roughly $3.33).

Menafn.com states that another reason for price increase was heavy rainfall which hindered harvesting in the country's Khuzestan and Kerman provinces.


 

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