India extends minimum import price on natural honey at USD 1,400/tonne
Importers must price honey shipments at ≥USD 1,400/MT to clear Indian customs
Change
India set a binding minimum import price for natural honey at USD 1,400 per metric ton FOB and kept it in force through December 31, 2026.
Why it matters
Customs will enforce a floor on declared import values for natural honey, blocking low-priced consignments from routine clearance. Procurement and trade-finance workflows must be adjusted to incorporate the enforced floor through the end of 2026.
Implications
- — Importers and customs clearance agents in India — must ensure import declarations and supporting documents state a FOB value of at least USD 1,400 per metric ton for natural honey on entries lodged now through December 31, 2026 — entries declared below that value will face revaluation, delays, or rejection at customs.
- — Procurement teams at Indian food and beverage manufacturers importing natural honey — must update landed-cost models and contract pricing immediately to reflect the USD 1,400/MT minimum through December 31, 2026 — purchase orders priced below the floor risk failing arrival clearance or creating undiscounted cost gaps.
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Source
Economic Times
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