Prices of spices soar ahead of Eid

Staff Correspondent | Published: 00:00, Aug 11,2019

 
 

A file photo shows a trader arranging cinnamons at a shop in Dhaka. Prices of spices went up in the city’s kitchen markets ahead of Eid-ul-Azha, one of the biggest Muslim religious festivals, to be celebrated tomorrow (Monday).— New Age photo

Prices of spices went up in the city’s kitchen markets ahead of Eid-ul-Azha, one of the biggest Muslim religious festivals, to be celebrated tomorrow (Monday).

Traders said that the prices of spices usually increased ahead of Eid-ul-Azha every year because of increased demand.

This year, the prices of most of the spices items started to increase in the wholesale market a month before Eid, they said.

The price of cardamom increased by Tk 200-300 a kg in last two weeks and the item was selling at Tk 2,600-3,000 a kg in the city markets.

The price of cinnamon increased by Tk 50 a kg and the item was selling at Tk 400 a kg in the city markets on Saturday.

The prices of bay leaf increased by Tk 20 a kg and the item was selling for Tk 100-160 a kg in the city.

According to the trading corporation of Bangladesh, the prices of cinnamon increased by 35.38 per cent in last one month while the prices of cardamom increased by 5.77 per cent.

It also showed that the prices of bay leaf increased by 13.04 per cent, local garlic by 36.36 per cent, imported garlic by 20.69 per cent and ginger by 20.69 per cent in last one month.

The prices of cumin remained unchanged and the item was selling at Tk 350-480 a kilogram in the city markets.

The price of local garlic increased by Tk 10 a kilogram over the week.

Garlic imported from China was retailing at Tk 180-190 a kg while its local variety was selling for Tk 150-160 a kg in the city’s kitchen markets on Saturday.

The prices of ginger increased by Tk 10 a kg. Its local variety was selling for Tk 150-180 a kg and the imported variety for Tk 180-200 a kg on the day.

Prices of cloves also remained unchanged and the item was selling for Tk 1,200-1,500 a kg in the city markets.

Local varieties of onion was selling for Tk 40-45 a kg while the imported variety was selling for Tk 35-40 a kg in the city markets on Saturday.

Red chilli was selling at Tk 200-250 a kg on the day.

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