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Onion prices show downward trend

Our Correspondent | June 14, 2018 00:00:00


TANGAIL, June 13: Local kitchen markets in the district are witnessing a trend on onion price drop.

Market sources said available stock is the main reason of the price fall.

Traders of a large vegetable wholesale market at the Park Moydan Bazar in the district said stock of onion available here which can mitigate the local demand.

Trader Mahmud Miah said before Ramadan price of onion was in increasing mood.

The item was sold at Tk 45 to Tk 50 per kg.

But this increasing trend was continued only a few days.

Onion prices came down with the beginning of the month of Ramadan.

In a recent visit the different local kitchen market found onion price were dropped by Tk 5.0 to Tk 10 per kg in the wholesale markets.

One kg of onion is selling at Tk 35 to Tk 40 per kg in the retail market.

Onion trader Hasmat Ali said, "We are selling onion at Tk 30 to Tk 40 as per kg in the wholesale market."

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