Onion prices at wholesale and retail markets in Bangladesh rose yesterday after India set a minimum price of $800 per tonne on exports of the bulb.

Amid the skyrocketing price hike of onion, Commerce Secretary Jafar Uddin warns that the government would go for tough legal action if anyone attempts unstable the market.

Onion price at the retail markets in Bangladesh goes up to around 71 per cent per kg within a day, the highest level in last several years, as the wholesalers reportedly jacked up the price following India’s ban on the ingredient export.