Green chili shows no sign of cooling off in Bangladesh

Published 2023년 7월 13일

Tridge summary

Green chili prices in Bangladesh reached a record high of Tk1,000 per kg after Eid festivities, but import measures and market monitoring efforts helped slightly reduce the rates. However, prices surged again towards the end of the week, prompting consumer rights agencies to conduct market raids in various districts. Humayun Kabir Bhuiyan, secretary of the Consumers Association of Bangladesh, urged the commerce ministry and agriculture ministry to collaborate in setting prices for essential items to prevent market volatility.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

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 ...
Source: Hortidaily

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