Staff Reporter
Karachi
Pakistan Fruits and Vegetables Importers and Exporters Association (PFVA) has voluntarily imposed self- ban” on export of onion effective from 3rd Nov. 2020 for a period fifteen days (15) and objective of this initiative is to ensure stability in price on local level besides getting good price of onion for growers of the Sindh province the forthcoming crops.
This sincere effort by PFVA is in line with the struggle of the GoP to effectively control price hike. The Food commissioner of Pakistan has also been informed about this decision. The PFVA would review it’s decision of “self-imposed ban” after fifteen days.
The export of Onion would remain suspended for fifteen days and by mid of Nov. 2020 the local crop of Onion would be available in the market which would further assist in getting the price lowered & achieve further stability in the local market.
Prior to this “self-imposed ban” on export of onion, there was a tendency to stock onion leading to an increase of Rs. 800 in price of onion within a week bringing to a level of Rs.2800 per maund. It is an irony that to export onion the raw onion of the forthcoming crop was being harvested, however with a temporary ban on export by the PFVA , harvesting raw Onion would also stop. The growers of Sindh would get a better price of the onion as a result of the timely initiative of the PFVA in imposing a temporary ban for a specific period.
