MMTC has placed another onion import order of 4,000 tonnes from Turkey and the shipments are expected to reach by mid-January. This is in addition to 17,090 tonnes of onions already contracted, which includes 6,090 tonnes from Egypt and 11,000 tonnes from Turkey.
The company is importing onions on the behalf of the government, which is trying to check prices of the key bulb by improving domestic supplies through various modes, including imports. Onion prices remain high in the range of Rs 75-100/kg across major cities of the country.
MMTC is engaged in the business of metals, fertilizers, agro products, precious metal, mineral & ores, hydro - carbon. It’s the largest non-oil importer in India.
