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Prices of all essentials mark further rise


Posted on Saturday, July 5th, 2008 at 2:32 am
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Prices of almost all daily essentials including rice, lentils, edible oil and eggs soared by 5-15 percent across the country following the latest price hike of fuel, putting the people of low and limited income group in further distress.

The government raised the prices of fuel Monday by a large margin which had an impact on the prices of essentials.

Blaming the latest price hike of fuel, among other reasons, for soaring prices of essentials, traders yesterday said their transportation cost has gone up and a section of opportunist businessmen increased the prices even further giving the excuse of high fuel prices.

The traders fear the prices would go up more in the days to come as increased production and transportation cost is yet to fully hit the consumers.

In Dhaka, prices of lentils, edible oil, rice, eggs and vegetables soared because of increased carrying cost as well as the incessant rain.

Prices of all varieties of lentils went up by Tk 10 per kg in the kitchen markets of the capital after the government raised fuel prices.

In retail yesterday, Kangaroo lentils (good quality imported lentils) were selling at Tk 110 per kg, which was Tk 100 five days ago. Local lentils were selling between Tk 100 and Tk 105 per kg; it was between Tk 90 and Tk 100 five days ago.

One kg of lentil imported from Turkey was selling between Tk 90 and Tk 95; it was between Tk 80 and Tk 85 before the fuel prices went up.

The price of moog dal (pulses) rose to Tk 60 per kg from last week’s Tk 50 per kg while the price of Kheshari dal jumped to Tk 55 per kg from Tk 48 before the fuel price hike.

In retail, the price of edible oil increased by Tk 4 to Tk 10 per kg yesterday.

One litre of non-brand soya bean oil was selling between Tk 118 and Tk 120 in retail yesterday. The price was between Tk 110 and Tk 112 five days ago.

Super palm oil, being sold in markets as soya bean oil, was selling between Tk 108 and Tk 112 per litre yesterday. It was between Tk 105 and Tk 108 per litre Monday.

A litre of palm oil was selling between Tk 103 and Tk 105 yesterday; it was between Tk 98 and Tk 100.

In retail, prices of all branded soya bean oil increased Tk 20-50 per 5-litre jerry cans during the last five days.

One hali (four) of eggs now cost between Tk 26 and Tk 28; it was Tk 4 less five days ago.

The price of flour went up by Tk 2 per kg in both wholesale and retail sales.

One kg of ata (whole flour) was selling between Tk 40 and Tk 42 yesterday which had been selling between Tk 38 and Tk 40 before the fuel price went up. The price of refined flour increased to Tk 42-44 per kg, market sources said.

Prices of vegetables marked a sharp rise after the rise of fuel prices.

A vegetables trader said most vegetables including ridge gourd, snake gourd, bitter gourd, cucumber and tomato rose by Tk 2-10 per kg during the last five days.

Sharp rise in transportation cost coupled with incessant rain caused the price hike of vegetables, traders claimed.

Price of local and Indian onions increased by Tk 2 per kg. Local onions were selling between Tk 22 and Tk 25 per kg while the Indian ones were selling between Tk 17 and Tk 20 yesterday.

Our correspondent in Chittagong reports: Price of different varieties of rice including miniket, paijam, jirashile increased by Tk 2-4 per kg after the fuel price hike.

Miniket atap (not boiled) rice was selling at Tk 38 per kg in Chittagong; it was Tk 36 on Wednesday. Price of one kg of atap rice from Dinajpur leaped to Tk 42 from Tk 38 while a kg of najirshile jumped to Tk 44.

In retail yesterday, prices of all branded soya bean oil increased in Chittagong by Tk 40-50 per 5-litre jerry cans during the last five days.

Sujit, an employee of Janata Store at Kazir Dewry Bazar, Chittagong, said soya bean oil companies stopped supplying containers in the last couple of days causing the price increase. He feared the price would increase more if smooth supply is not ensured within a day.

Our correspondent in Rajshahi reports: Prices of different varieties of rice marked an increase of Tk 2 per kg in retail while sugar rose by Tk 4 per kg and edible oil by Tk 5-7 per kg during the last five days.

Traders said they were selling miniket rice at Tk 43 per kg, paijam at Tk 40 and BR-28 at Tk 36-37 a kg yesterday.

Sugar was selling between Tk 36 and Tk 38. Traders blamed the rise on supply shortfall. Soya bean oil was selling between Tk 105 and 108 per litre.

Our correspondent in Khulna reports: Prices of different varieties of rice rose by Tk 2-4 per kg during the last few days due mainly to high transportation cost, traders claimed.

They, however, hinted at further increase of rice prices in the coming days.

Prices of eggs, vegetables, soya bean oil, Indian onions and beef also rose during the last couple of days.

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