date:Sep 25, 2023
e price is at a high level with a bale price close to 50 cents, but packers say not all invoices from last season have been paid yet, making the trade cautious. Also, as a result of the high prices, there is competition from other onion-producing countries such as China on destinations in the Far East. On the bright side, sea freight costs to Asia have fallen sharply. In terms of red onions, supply is completely limited and prices are extremely high. Packers warn about the poor quality of sowing