Kazakhstan’s government said it will sell onions from its stockpiles on the domestic market, a week after a surge in demand and prices prompted the country to ban exports.
Sales of onions and other vegetables such as carrots and potatoes will start this month and run through April, the government said on its website Thursday.
Kazakhstan halted onion exports last week after local prices spiked amid higher demand from neighboring Uzbekistan and floods in exporter Pakistan. Kyrgyzstan, Uzbekistan and Tajikistan also recently banned shipments of the vegetable, while Azerbaijan said it would “limit” sales.
Soaring global food prices last year ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.
