Bangladesh: Watermelon price hits record high

Published 2022년 4월 6일

Tridge summary

The retail price of watermelons in Dhaka, Bangladesh, has reached a record high of Tk 60 a kg despite a bumper crop this year. The large price gap between farmers and retailers, along with extortion during transportation, contributes to the high price. The Department of Agriculture Marketing predicts a harvest of 1.9 million tonnes if the weather holds. However, the price gap and a syndicate's profit-taking have made the fruit unaffordable for those with limited income. The Consumers Association of Bangladesh has called on the government to set reasonable prices at both wholesale and retail levels to benefit both consumers and farmers.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The price of watermelon has climbed to an all-time high of Tk 60 a kg in Dhaka's retail outlets despite bumper production of the juicy summer fruit this year. An almost 200-per cent price gap between farm's end in coastal region and retail level deprives both growers and consumers of the financial dividend, say insiders. A syndicate of traders in Sadarghat, Dhaka's Badamtoli, Patuakhali, Bhola, Barisal, Khulna and Gopalganj are mostly reaping the benefits. A medium-to-large fruit (5.5-10 kg) now retails at Tk 250-600 per piece (Tk 45-60 a kg) in Dhaka city. According to the monitoring and evaluation unit of the Department of Agricultural Extension (DAE), watermelon acreage has increased to nearly 47,000 hectares this year from 43,347 hectares in 2021. An estimated 1.9-million tonnes of the crop could be harvested if weather remains sound, it predicts. Watermelon production hit an all-time high of 1.77-million tonnes in fiscal year 2021, marking 22.5-per cent growth over that of ...

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