Bangladesh: Price of newly harvested onion falls, other essentials yet to be less costly

Newly harvested local onions saw falling price in Dhaka city’s kitchen markets on Saturday. However, stakeholders said, prices of many other essentials remained steady, at a higher level in most cases. Price of the new onion declined in a range of Tk 3.0- Tk 5.0 a kilogram at the wholesale market and Tk 5.0- Tk 7.0 a kg at the retail level. The spicy item was selling at Tk 30-Tk 32 a kg at the wholesale market. Retail price of local onion was reported to be Tk 50- Tk 54 a kg, according to the Department of Agriculture Marketing. The newly harvested onions were selling at Tk 30-Tk 32 a kg at the wholesale level on Saturday compared to Tk 35-Tk 36 a kg on Thursday, said Akash, a vendor at Mohammadpur Krishi Market. Prices of imported Burmese onion decreased to Tk 29 a kg at the wholesale level. Retailers were selling it at Tk 40 a kg. Items such as flour, edible oil and sugar witnessed no remarkable change either, meaning that the previous higher level of prices continued on ...