India extends $1,400/tonne minimum import price on natural honey until December 2026
Change
The Government of India extended the minimum import price (MIP) for natural honey at USD 1,400 per metric tonne (FOB), keeping the price floor in force until December 31, 2026.
Why it matters
The extension maintains a binding price floor on honey imports, preventing entry of lower-priced shipments and forcing importers to comply with minimum declared values for customs clearance.
Implications
- • Importers must ensure all invoices and declared values meet or exceed USD 1,400/tonne — shipments below the floor risk denial of clearance or reassessment.
- • Customs brokers and freight forwarders must verify declared values before filing entries — non-compliant documentation will be rejected or revised.
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