Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

You are using software which is blocking our advertisements (adblocker).

As we provide the news for free, we are relying on revenues from our banners. So please disable your adblocker and reload the page to continue using this site.
Thanks!

Click here for a guide on disabling your adblocker.

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber
Veg was retailed at Tk550 per kg in Dhaka

Green chili shows no sign of cooling off in Bangladesh

In the wake of Eid festivities last week, green chili prices soared to a record Tk1,000 per kg. Though swift import and different market monitoring measures managed these rates slightly, there was a resurgence as the week drew to a close.

Amid market raids by consumer rights agencies in several districts and imports through the land ports, green chilis were retailed at Tk550 per kg on Thursday in Dhaka. Meanwhile, tomato prices spiked to Tk250-260 per kg, potato to Tk50, and onion to Tk90.

Green chili prices reached unprecedented levels of volatility last week, with prices soaring to Tk500-1000 per kg between June 30 and July 2. Prices then moderated to Tk280-300 on July 3, only to rise again to Tk400-500 per kg on July 4. As of July 6, the retail price in Dhaka city stood at Tk400-550 per kg, according to kitchen market sources.

Humayun Kabir Bhuiyan, secretary of the Consumers Association of Bangladesh (CAB), said the commerce ministry and the agriculture ministry should jointly set prices of some essential items immediately to prevent market volatility.

[ Tk100 = €0.84 ]

Source: thefinancialexpress.com.bd

Publication date: