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Green chilli and onion prices skyrocket


Posted on Saturday, October 6th, 2007 at 1:52 am
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Prices of green chilli and onion skyrocketed all on a sudden while prices of powder milk, vermicelli, flour, butter oil, chicken and soybean oil rose significantly at all kitchen markets in the capital and elsewhere in the country as the Eid approaches.

However, prices of a number of essential items like spices and vegetables dropped slightly.

The price of green chilli has risen to Tk 150-160 a kg at kitchen markets. The price was Tk 80 a kg five days ago.

They said they purchased green chilli at Tk 120 per kg from the wholesalers Thursday and 10-15 percent of it had rotten before yesterday afternoon.

The price of green chilli has been fluctuating during the month of Ramadan. It was selling at Tk 150 a kg at retail markets in the beginning of Ramadan. Traders then blamed inadequate supply due to floods.

The price plummeted to Tk 60-70 later on but shot up to Tk 80 during mid-Ramadan. The traders then blamed the sudden spell of rain for the price hike as it damaged green chilli.

Retailers at Karwan Bazar kitchen market in the capital yesterday said poor supply of green chilli and price hike by wholesalers were to blame for the soaring price of green chilli.

Price of both local and Indian onions increased during the last five days as the Indian government suspended onion export for 15 days. Price of Indian onions climbed up to Tk 45 per kg; it was sold at Tk 33 per kg five days ago. Price of local onions rose to Tk 48-50 a kg from Tk 44 five days ago.

The wholesalers of Karwan Bazar gave different reasons for the price hike of onions. Some said they had to purchase it at a higher price while some said the increase in demand on the eve of Eid was responsible for the price hike.

Our correspondent in Khulna reported that onion was selling at Tk 48 per kg yesterday, which was Tk 36 last week.

Wholesalers said the price of onions might go up even further as import from India through Benapole border remains suspended since October 1. Quoting importers, they said the government of India stopped the export of onions following a price hike there.

Khulna district administration opened a cell to monitor the onion-price situation and to stop hoarding of onions.

Our Chittagong correspondent reports: Onions were selling at different kitchen markets in the city at Tk 42-43 a kg.

Traders, both in retail and wholesale markets, blamed poor supply as well as the Indian government’s recent decision to suspend onion export for 15 days for the rising prices.

Meanwhile, powder milk of different brands including Nido, Dano, Diploma and Fresh saw a sharp rise in their prices at retail markets while the price of pasteurised milk fluctuated wantonly at retail markets during the last few days.

The 2.5kg pack of Nido powder milk rose to Tk 1,450, which was selling at Tk 1,250 four days ago, while the 350gm pack leapt to Tk 200 from Tk 165.

The 2kg pack of Dano powder milk rose to Tk 980 from last week’s Tk 960. The one kg pack of Diploma powder milk rose to Tk 418 from Tk 392. The one kg pack of Fresh powder milk was selling at Tk 410 yesterday, it was selling at Tk 384 a few days ago.

Powder milk traders of the wholesale market of Karwan Bazar said the companies gave them a new wholesale price list on September 30 to be effective from October 1.

The price of Red Cow butter oil rose to Tk 338 from Tk 310 per 900gm container while the price of Red Cow ghee increased to Tk 415 from Tk 375 per 900gm container.

Vermicelli, a key dish on Eid, jumped to Tk 55 a kg from Tk 45 per kg while packed vermicelli (weighing 908gm) is selling at Tk 60. The price was Tk 48 four days ago. The 200gm pack of Banaphul Laccha Shemai (vermicelli) also leapt to Tk 23 from Tk 17.

Pasteurised milk of different brands was selling at prices ranging from Tk 40 and Tk 50 a litre at different city markets. Traders blamed poor supply for the price hike.

A grocer of West Razabazar told The Daily Star that the distributors gave only 50 percent of his demand forcing him to buy from other retailers to meet his needs.

The price of flour rose by Tk 2-3 per kg while prices of both local and farm chicken increased.

Price of four medium-sized local chicken leapt to Tk 450 from Tk 350 during the last four days while the price of farm chicken rose by Tk 10 per kg.

However, prices of spices, vegetables including aubergine, bitter gourd, patal, chichinga and jhinga dropped slightly at different kitchen markets in the capital.

Price of cucumber went down significantly, selling at Tk 20 a kg at different kitchen markets. It was selling at Tk 60 in the beginning of Ramadan.

The traders of Karwan Bazar said the supply of vegetables is adequate.

Law enforcement agencies continued their monitoring in different markets of city.

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