Bangladesh: Retail vegetable prices are way higher than wholesale rates

Published 2023년 5월 19일

Tridge summary

The article highlights the significant price disparity between wholesale and retail vegetables in Dhaka, Bangladesh. At the wholesale level, vegetables like okra, bitter gourd, and snake gourd are sold at one price, but retail prices double or even triple in areas like Moghbazar. High retail costs, including rent and transportation, and perishability of some produce contribute to the higher prices. The Consumers Association of Bangladesh suggests establishing farmers' cooperatives to cut costs and improve the supply chain. Separately, the article also notes an increase in onion prices in the capital, with traders alleged to be syndicating to drive up costs, despite ample in-country stock. The Association recommends higher import duties during the harvest season to regulate prices.

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Original content

Okra sold at Tk20 per kg in Karwan Bazar wholesale market, while only around two kilometers away it sold at Tk40 in retail markets in Moghbazar area on Friday. The retail prices of vegetables were way higher than the wholesale rates in the city markets including the ones in Karwan Bazar, Dilu road, Hatirpool, Noyatola, and Moghbazar areas, said customers as well as traders. In Karwan Bazar, korolla (bitter gourd) sold at Tk40 to Tk45, chichinga (snake gourd) at Tk40, potol (pointed gourd) at Tk50, papaya at Tk40 to Tk45, dhundal (sponge gourd) at Tk40, potato at Tk35 per kg. , while medium-sized gourds sold at Tk30 per piece at wholesale level on Friday. All the prices jumped by at least Tk10 at retail level in the same market. Meanwhile, korolla sold at Tk60, chichinga at Tk60, papaya at Tk70, potol at Tk80, potato at Tk40-45 per kg, and medium-sized gourds at Tk60 per piece at retail markets in Dilu road, Hatirpool, Noyatola, and Moghbazar. Asked why the retail prices were so ...

Source: TBS