Potato exports resume with MEP removal

Exporters start negotiations with buyers, a few consignments booked for shipment to Colombo

Potato shipments from India have resumed after almost four months on removal of the minimum export price (MEP) last week.

Exporters have started negotiations with buyers in neighbouring countries, including Sri Lanka. Sources said a couple of consignments had been booked for shipment to Colombo.

“Traders have started booking in the spot market for export shipments. Enquiries are coming in from large buyers, especially in Sri Lanka,” said Ajit Shah, president of the Horticulture Exporters’ Association.

Potato exports from India came to a standstill after the government levied an MEP of $360 a tonne on July 26