In Bangladesh, specifically within the districts of Khulna, Magura, Sylhet, and Lalmohihat, there has been a notable decrease in green chilli prices, reaching a five-year low. Retail and wholesale market analyses reveal a sharp decline in prices across these regions. The Department of Agricultural Extension (DAE) provided data showing fluctuating wholesale prices over the years, with a significant drop in the current year.
Factors contributing to these price trends include weather conditions affecting production and government monitoring ensuring affordability during Ramadan. Additionally, the agricultural sector's focus on green chilli cultivation has led to increased production, impacting market prices. Despite the low prices, the cultivation of green chilli remains a key agricultural activity in these districts, with expectations of high production volumes in the current season.
Source: thefinancialexpress.com.bd