Onion prices in free fall in Bangladesh

With the entry of onions imported from India into the Bangladeshi markets, the prices of locally grown onions have fallen. Market vendors predict that if imports continue, onion prices are likely to fall further. The reduced prices have brought relief to consumers, who are happy with the downward trend. However, some believe that further price cuts are necessary. They argue that the situation could have been avoided if the government had started importing much earlier. In addition to onions, the prices of ginger and garlic have also fallen. Ginger, which was sold for 400 to 450 Tk per kg last week, is now priced at ...