Potato and onion prices in Bangladesh increase by Tk10 after Eid

Published 2024년 4월 19일

Tridge summary

Following the Eid holidays, Dhaka markets have experienced a notable surge in the prices of essential commodities, particularly potatoes and onions, which have increased by Tk8-Tk10 at both wholesale and retail levels. Potatoes are now being sold for Tk55-Tk60 per kilogram, and onions for Tk65-Tk70, marking a 68% and 78% increase in their prices compared to the previous year, respectively. The Bangladesh Cold Storage Association has attributed the hike in potato prices to a 20% reduction in production, caused by climate change, natural disasters, and diseases. Moreover, the article highlights that the prices of other commodities, including chicken, beef, mutton, and soybean oil, remain elevated, with a recent government decision to raise the price of bottled soybean oil by Tk4 per litre.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Potato and onion prices have increased by Tk8-Tk10 at both wholesale and retail levels after the Eid holidays. The retail price of potatoes is Tk55-Tk60 per kilogram, and of onions Tk65-Tk70 in Dhaka markets, including Karwan Bazar, Mogbazar, and Kalyanpur kitchen markets. According to the Trading Corporation of Bangladesh's market rates on Friday (19 April), new potatoes were selling in the capital for Tk48-Tk50 per kg depending on the variety. A review of the government agency's data shows that potato prices have increased by 68% in the market over the past year. Onion prices have increased by 78%. Last year around this time onions sold for Tk30-Tk40 per kg. Karwan Bazar retailer Abdus Samad bought potatoes at Tk38 per kg and onions at Tk45 per kg wholesale before Eid. "The price of potatoes and onions has increased by about Tk10 per kg. After Eid, I bought potatoes wholesale for Tk45 and onions for Tk55 per kg," he told TBS on Friday. A buyer at Kalyanpur kitchen market, Sah ...

Source: TBS