Prices of essentials shoot up

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Prices of daily essentials including onion, fine rice, milk powder and meat have shot up ahead of Eid-ul-Azha due to apparent shortage of supply in the market.

Visiting a number of kitchen markets in the city, this correspondent found that per kg onion (Indian variety) is selling at Tk 28 to 30 while it was being sold at Tk 18 to 20 last week.

The supply of local variety onion, too, is scarce in the wholesale and retail markets with per kg being sold at Tk 55 to 60 at present. Meanwhile, the fresh grown onions have started reaching the kitchen markets although its demand is comparatively low.

The onion traders of Karwan Bazar wholesale market said that during the Eid-ul-Azha the demand for onion increases at least ten times and consequently the price rises.

Per kilogram quality fine rice, Kalijira and Chinigura, are being sold at Tk 78 to 85 while it was selling at Tk 72 to 75 last week. The price was Tk 38 to 42 per kg last year, the businessmen at Karwan Bazar said.

Price of coarse rice also skyrocketed ahead of Eid. In the retail market, per kilogram rice is selling at Tk 26, which was being sold at Tk 24 last week.

Prices of rice like Miniket and Najir Shail rose by Tk 2 to 4 per kilogram yesterday while those varieties were selling at Tk 33 and Tk 38 respectively last week.

The Karwan Bazar traders said that as different organisations and individuals have been buying coarse rice from the capital and sending those to the Sidr hit areas, the prices of rice shot up in Dhaka.

Price of per kilogram milk powder rose by Tk 15 to 16 during the last two days.

Although price of pasteurized liquid milk did not skyrocket, supply to the retailers is too scarce. Capitalising on the apparent shortage, some traders are selling milk at higher prices.

Prices of different kinds of spices and soybean oil have remained high since the Eid-ul-Fitr.

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