Close Menu
    Trending
    • US, China seek to extend trade truce with London talks
    • ‘Piracy’: World reacts to Israel’s seizure of Gaza-bound aid vessel Madleen | Israel-Palestine conflict News
    • Xbox finally reveals handheld console after decade of speculation
    • Bankers Are Invincible | Armstrong Economics
    • “BRING IN THE TROOPS!!!” – President Trump GOES OFF as Violent Riots Escalate in LA | The Gateway Pundit
    • Meghan Markle’s Half-Sister Samantha Slams ‘Gross’ Twerk Video
    • Israel reveals tunnel under Gaza hospital, says body of Sinwar’s brother found there
    • Thunder-Pacers: SGA scores 34 as OKC win Game 2 of NBA Finals | Basketball News
    Ironside News
    • Home
    • World News
    • Latest News
    • Politics
    • Opinions
    • Tech News
    • World Economy
    Ironside News
    Home»Latest News»India-Pakistan conflict claims an unlikely victim: Himalayan pink salt | Business and Economy
    Latest News

    India-Pakistan conflict claims an unlikely victim: Himalayan pink salt | Business and Economy

    Ironside NewsBy Ironside NewsJune 9, 2025No Comments7 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    For the previous three a long time, Vipan Kumar has been importing Himalayan pink salt from Pakistan to promote in India.

    Nonetheless, New Delhi banned the import of all Pakistani items, together with these routed via third nations, after the killing of 26 folks, largely Indian vacationers, in Pahalgam in Indian-administered Kashmir in April. Kumar, the 50-year-old dealer based mostly in Amritsar in Punjab, the religious hub of Sikhs in India, advised Al Jazeera that the ban has introduced his enterprise to a screeching halt.

    Kumar says he sometimes offered 2,000 to 2,500 tonnes of pink salt each quarter. “The revenue margin could be very skinny, however nonetheless, the enterprise is possible due to the majority gross sales. However the ban has fully halted the pink salt enterprise. We don’t know when the scenario would flip regular,” he advised Al Jazeera.

    Himalayan pink salt has a pinkish tint as a result of a hint of minerals, together with iron, and is utilized in cooking, ornamental lamps and spa therapies. Hindus additionally want to make use of this salt throughout their non secular fasts as it’s a non-marine salt.

    Mined in Pakistan

    The Himalayan pink salt is mined on the Khewra Salt Mine within the Punjab province of Pakistan, the second-largest salt mine on the planet after the Sifto Salt Mine in Ontario, Canada. Khewra is situated about 250km (155 miles) from the town of Lahore, which additionally at occasions lends its title to the pink salt – Lahori namak, which is Hindi for salt.

    The salt mine comprises about 82 million metric tonnes of salt, and 0.36 million metric tonnes are extracted yearly. About 70 % of the salt is used for industrial functions, and the remainder is for edible use.

    “The mine could be very scenic and attracts a number of thousand vacationers yearly,” Fahad Ali, a journalist who lives near the mine, advised Al Jazeera.

    It has roughly 30 salt processing items, the place the large rock salt boulders are hand-mined and loaded on vehicles earlier than being dispatched, he stated.

    The salt is exported in a uncooked type to India, the place importers course of, grind and pack it on the market.

    Costs swell

    India largely relies on Pakistan for this pink salt.

    However after the Pahalgam killings, India introduced an finish to all commerce with Pakistan, which reciprocated the ban. The halt in commerce was certainly one of a sequence of diplomatic and financial tit-for-tat measures the neighbours took towards one another earlier than an intense four-day change of missiles and drones, which took the 2 nations to the cusp of a full-fledged battle.

    On Might 10, they stepped again from the brink, agreeing to a truce. Nonetheless, the commerce ban stays in place.

    Salt merchants in India advised Al Jazeera that the present pause in imports has began to hamper their enterprise as costs are beginning to rise.

    “It has been barely over a month because the announcement of the ban, and costs have already gone up,” stated Gurveen Singh, an Amritsar-based dealer, who blamed merchants with current shares for promoting them at larger costs.

    “The salt, which was offered within the retail marketplace for 45 rupees to 50 rupees per kilogramme [$0.53 to $0.58] earlier than the ban is now being offered for no less than 60 rupees per kilogramme [$0.70],” Singh stated.

    In some locations, the value is even larger. In Kolkata this week, pink salt was being offered in markets for between 70 and 80 rupees per kg [$0.82 to $0.93].

    “We don’t know when the scenario would return to regular. There can be full disaster as soon as the shares get exhausted,” he stated.

    The charges, nonetheless, go up much more on the opposite aspect of India, within the east, as a result of the price of transporting the salt from Amritsar.

    Merchants in Kolkata advised Al Jazeera that the costs of the salt have gone up by 15-20 % within the metropolis, however that has not but hampered demand.

    “The Himalayan rock salt stays in enormous demand throughout the yr, particularly throughout festivals when folks stay on quick and like the pink salt over the marine salt that’s produced in India,” stated Sanjay Agarwal, a supervisor in a personal agency that offers in pink salt.

    Dinobondhu Mukherjee, a salt dealer in Kolkata, stated that the federal government ought to search for another nation to obtain this salt. “The relations between the 2 nations are normally strained, and that impacts the commerce. Our authorities ought to search for different nations to obtain the salt in order that the availability chain is rarely disrupted,” Mukherjee advised Al Jazeera.

    Pakistani exporters, nonetheless, stated that the Indian ban would have a “constructive impression” on their commerce. Indian merchants, they stated, model their salt as their very own to promote on the worldwide market at larger costs.

    “The latest ban would assist us to develop additional as it might wipe off the competitors from India,” Faizan Panjwani, the chief working officer of the Karachi-based RM Salt, advised Al Jazeera.

    “Undoubtedly, India is a giant market and has plenty of potential, however we need to ship the salt by doing value-addition and never in uncooked type. Our salt is already in enormous demand globally,” he stated.

    Commerce decline

    Commerce between the 2 nations has been reducing since a 2019 assault on safety forces in Pulwama, in Indian-administered Kashmir, wherein 40 safety personnel have been killed. In response, India revoked the non-discriminatory market standing – higher often called the Most Favoured Nation (MFN) standing – it had granted to Pakistan, which had ensured equal remedy between the commerce companions. It additionally imposed heavy tariffs of 200 % on imports from Pakistan.

    In accordance with India’s Ministry of Commerce, the nation’s exports to Pakistan from April 2024 to January 2025 stood at $447.7m, whereas Pakistan’s exports to India throughout the identical interval have been a paltry $420,000.

    In 2024, India imported about 642 metric tonnes of pink salt, which was far decrease than the 74,457 metric tonnes imported in 2018 – largely because of the excessive tariffs.

    Previous to the most recent ban, India’s main exports to Pakistan included cotton, natural chemical compounds, spices, meals merchandise, prescription drugs, plastic articles and dairy merchandise. India usually imports copper articles, uncooked cotton, fruits, salt, minerals and a few speciality chemical compounds from Pakistan.

    “The implementation of the heavy-duty had raised the import worth of the salt from 3.50 rupees [$0.041] per kilogramme to 24.50 rupees [$0.29] per kilogramme in 2019, though the salt was being routed from the third nation like Dubai,” dealer Kumar advised Al Jazeera.

    “Nonetheless, it had not impacted our enterprise because the demand was too excessive, and patrons have been able to pay the value. However the authorities, this time, has additionally prohibited the entry of Pakistani items from any third nation, which has introduced the availability to a whole standstill,” he stated.

    One uncommon trade that’s being harm by the ban is lamps made out of the Himalayan pink rock salt which can be used as ornamental lights and even tout unproven claims of being air purifiers.

    “We have now to search for another nation if the availability of rock salt doesn’t come from Pakistan,” stated World Aroma founder Deep, who makes use of a single title. “The costs of the lamps had already elevated after the imposition of a 200 % tariff in 2019, and the procurement from another nation will result in additional escalation of value.”



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleStudents need more challenges, not fewer tests
    Next Article Four injured in explosion at US air base in Japan
    Ironside News
    • Website

    Related Posts

    Latest News

    ‘Piracy’: World reacts to Israel’s seizure of Gaza-bound aid vessel Madleen | Israel-Palestine conflict News

    June 9, 2025
    Latest News

    Thunder-Pacers: SGA scores 34 as OKC win Game 2 of NBA Finals | Basketball News

    June 9, 2025
    Latest News

    Israel strikes Syria again, claims to have killed alleged Hamas member | Conflict News

    June 9, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Why is vintage audio equipment booming?

    February 9, 2025

    Maine Boy Scores Dominating Win in Girls’ Pole Vault Championship as Governor Defies Trump Over Banning Men from Women’s Sports | The Gateway Pundit

    February 22, 2025

    Bill Maher Instantly Regrets Asking Batya Ungar-Sargon About Supporting Trump After She Dismantles Anti-Trump Narrative With a Masterclass Defense | The Gateway Pundit

    March 15, 2025

    Vance Tells Europeans to Stop Shunning Parties Deemed Extreme

    February 15, 2025

    Opinion | I Invented a Popular Kitchen Gadget. Trump’s Tariffs Will Kill My Business.

    April 8, 2025
    Categories
    • Entertainment News
    • Latest News
    • Opinions
    • Politics
    • Tech News
    • Trending News
    • World Economy
    • World News
    Most Popular

    UN Security Council must renew the arms embargo on South Sudan | Opinions

    May 27, 2025

    German court rules asylum seekers unlawfully expelled at Polish border | Human Rights News

    June 2, 2025

    When Google Altered Its Ad Rules, Charities Paid the Price

    January 21, 2025
    Our Picks

    US, China seek to extend trade truce with London talks

    June 9, 2025

    ‘Piracy’: World reacts to Israel’s seizure of Gaza-bound aid vessel Madleen | Israel-Palestine conflict News

    June 9, 2025

    Xbox finally reveals handheld console after decade of speculation

    June 9, 2025
    Categories
    • Entertainment News
    • Latest News
    • Opinions
    • Politics
    • Tech News
    • Trending News
    • World Economy
    • World News
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright Ironsidenews.comAll Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.