Onion prices rise again as volatility continues

Staff Correspondent | Published: 23:39, Dec 29,2017 | Updated: 00:20, Dec 30,2017

 
 

A file photo shows a vendor arranging onions at a shop at New Market in the capital. The price of local variety of onions rose to Tk 110 a kilogram in the city’s kitchen markets over the week ending Friday. — Focusbangla photo

The price of local variety of onions rose again to Tk 110 a kilogram in the city’s kitchen markets over the week ending Friday after declining to Tk 70-90 a kg in the previous week.
Traders said that India in November raised the export prices of the spice that kept the onion market volatile in Bangladesh as India is the major source of onion import for Bangladesh.
In mid-December, the price of local variety of onions had jumped to Tk 140 a kg in the Dhaka’s kitchen markets as a rise in the price of the imported onions also pushed up the price of its local variety, they said.
Last week the wholesale price of imported onions also rose to Tk 65-75 a kg and the items were retailing at Tk 75-85 a kg in the city markets on Friday.
The price of local variety of onions increased by Tk 15-25 a kg over the week while the prices of imported onions rose by Tk 5-10 a kg in the period.
The price of imported onions rose by 200 per cent to Tk 90 a kg in December this year from Tk 25-30 a kg in the same month of last year.
Rice prices remained high in the Dhaka city markets.
The coarse varieties of rice were selling at Tk 45-48 a kg on Friday. BR-28 rice was retailing at Tk 53-60 a kg, while fine varieties of Miniket rice were selling at Tk 62-68 a kg on the day.
Fine variety of Najirshail was selling at Tk 75-80 a kg and its standard variety at Tk 55-60 a kg in the city’s commodity markets on Friday.
The prices of ginger remained high over the week and its local variety was retailing at Tk 105-120 a kg, while the imported variety was selling at Tk 140 a kg.
The prices of garlic remained unchanged and the local variety was selling at Tk 80 a kg while the garlic imported from China was retailing at Tk 90-100 a kg on Friday.
The prices of vegetables remained stable in the city markets over the week.
Aubergine was selling at Tk 40-80 a kg, bitter gourds at Tk 50-60 a kg, bottle gourd at Tk 40-50 a piece, okra at Tk 60 a kg, papaya at Tk 25 a kg and cucumber at Tk 50-60 a kg.
Cauliflowers and cabbages weighing around 700 grams to one kg were retailing at Tk 30-35 a piece and Tk 30 a piece respectively on Friday.
Radish, beans and spinach were selling at Tk 20-30 a kg, Tk 50-60 a kg and Tk 70-80 a kg respectively on Friday.
The price of green chilli remained unchanged over the week and the item was selling at Tk 120 a kg on the day.
Potato was selling at Tk 25 a kg and newly harvested item was selling at Tk 30-40 a kg on the day.
Eggs were selling at Tk 24-30 a hali in the city markets over the week.
Broiler chicken price remained unchanged and the item was selling at Tk 120-130 a kg while locally-bred hens were selling at Tk 300-350 a kg on Friday.
The prices of fish remained unchanged over the week.
Rohita was selling at Tk 230-350 a kg, Katla at Tk 220-350 a kg, Pangas at Tk 120-260 a kg and Tilapia at Tk 120-160 a kg, depending on size and quality.
Beef was selling at Tk 480-520 a kg while mutton was selling at Tk 750-800 a kg in the city markets.
Fine-quality packet salt was selling at Tk 40 a kg, while the refined one was retailing at Tk 28 a kg in the city markets.
A one-litre container of soya bean oil was selling at Tk 105-107, while a five-litre container at Tk 515-540 in the city’s kitchen markets on Friday.
Unpacked soya bean oil was selling at Tk 98 a kg, while palm oil was selling at Tk 85 a kg.
The prices of red lentil remained unchanged over the week. The local variety of red lentil was selling at Tk 130 a kg while the coarse variety of imported red lentil was retailing at Tk 80-90 a kg over the week.
The price of sugar remained unchanged and the item was selling at Tk 55-70 a kg in most of the city markets.

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