India extends minimum import price on natural honey at $1,400/tonne
Customs will reject low-priced honey imports below $1,400/MT
Change
India extended the minimum import price for natural honey at $1,400 per metric tonne until December 31, 2026.
Why it matters
Imports declared below the floor price will not clear customs, forcing buyers to align contracts and financing with the enforced valuation.
Implications
- — Low-cost imports blocked — sourcing costs increase
- — Importers must reprice contracts — compliance required
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