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Prices of rice, edible oil continue rising

Staff Correspondent | Published: 23:56, Dec 25,2020

 
 

A shopkeeper sells various essential commodities, including rice and edible oil, at a grocery shop at Raysaheb Bazar kitchen market in the capital on Friday. — Focusbangla photo

The prices of rice and edible oil continued to rise on the kitchen markets in the capital, Dhaka, over the week ending on Friday.

Retailers blamed wholesalers for the continued price hike of the essential commodities.

They said that wholesalers and rice mill owners raised the prices of rice.

Rice mill owners, however, said that the prices of rice went up due to the price hike of paddy on the market.

They also said that millers were not responsible for the rice price hike rather the prices of the staple food continued to rise as affluent farmers and seasonal traders stored paddy in significant quantities.

Regarding edible oil, retailers said that the prices of soya bean oil and palm oil were rising on the wholesale market.

Wholesalers said that refiners increased the prices of edible oil due to the price hike of the commodity on the international market.

The price of rice increased Tk 6-10 a kilogram in last one month on the kitchen markets in the capital.

The price of medium quality variety of rice increased by Tk 3 a kilogram over the week and the variety sold for Tk 53-58 a kg on Friday.

The coarse variety of rice sold for Tk 48-50 a kg while the standard variety of Miniket rice sold for Tk 58-60 a kg and the fine variety sold for Tk 62-65 a kg.

The fine variety of Najirshail rice retailed at Tk 62-68 a kg.

The prices of soya bean oil and palm oil increased by Tk 4-5 a litre on the markets over the week.

Unpackaged soya bean oil sold for Tk 107-110 a litre and palm oil sold for Tk 100-104 a litre on the markets on Friday.

A one-litre bottle of soya bean oil sold for Tk 115-125 while five litres of packaged soya bean oil sold for Tk 550-600 on Friday.

According to the Trading Corporation of Bangladesh, the prices of soya bean oil increased by 9.36 per cent in the last one month while palm oil increased by 7.43 per cent.

The price of potato decreased by Tk 5 a kg over the week. The item was selling for Tk 45-50 a kg while the newly harvested variety was selling for Tk 50 a kg.

The price of onion remained unchanged over the week. The local variety sold for Tk 60-70 a kg while the imported variety sold for Tk 30-40 a kg over the week on the markets in the capital.

The price of broiler chicken decreased by Tk 5 a kg and the item was selling for Tk 115-120 a kg. Locally bred hens were selling for Tk 400-500 a kg.

Beef sold for Tk 540-560 a kg while mutton sold for Tk 800-900 a kg in the capital.

Prices of vegetables remained stable on the kitchen markets over the week.

Aubergine sold for Tk 30-60 a kg, papaya for Tk 30-40 a kg, bitter gourd for Tk 50-60 a kg, okra for Tk 50-60 a kg, bottle gourd for Tk 40-60 apiece, beans for Tk 40-50 a kg, radish for Tk 10-20 a kg, cucumber for Tk 30-50 a kg, cauliflower for Tk 20-30 apiece and cabbage for Tk 25-30 apiece on Friday.

The price of green chilli remained unchanged and the item sold for Tk 120 a kg on Friday.

The price of eggs remained unchanged and the item was selling for Tk 30-32 a hali or four pieces.

The prices of fish remained unchanged over the week.

Rohita sold for Tk 260-350 a kg and Katla for Tk 250-350 a kg, depending on size and quality.

Pangas sold for Tk 130-180 a kg and Tilapia sold for Tk 120-160 a kg.

The prices of garlic remained unchanged over the week. The imported variety retailed at Tk 90-100 a kg while the local variety sold for Tk 100 120 a kg in the capital.

The imported variety of ginger sold for Tk 80-100 a kg while the local variety retailed at Tk 100-120 a kg.

Fine-quality packaged salt retailed at Tk 35 a kg while the refined variety retailed at Tk 25 a kg.

The price of sugar remained high over the week.

Refined sugar retailed at Tk 62-65 a kg while the locally produced variety retailed at Tk 70 a kg.

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