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Impact of Eid on commodity market starts

Saturday, 30 October 2010


FE Report
Prices of rice and flour remained stable while those of edible oil, garlic, ginger and potato witnessed a high trend due to growing demand of the items for the upcoming Eid-ul-Azha, traders said.
Unpacked edible oil prices were up by Tk 3-4 per litre last week. Retailers were selling unpacked soybean at Tk 91-93 per litre which was Tk 88 and palm oil at Tk 84-86 per litre against Tk 82 the previous week.
The price of brand edible oil in five-litre containers such as Rupchanda was Tk 490 while other brands such as Teer, Fresh and ACI ranged between Tk 460 and Tk 470.
Prices of both local and imported garlic ranged between Tk 155 and Tk 200 per kg showing an upward trend of Tk 5-8 per kg last week and ginger ranged between Tk 90 and Tk 150 per kg, up by Tk 10 per kg.
Potato was selling at Tk 17-18 per kg against Tk 13-16 in the previous week though cold storage association leaders claimed they failed to preserve the huge quantity of potato due to shortage of storage space.
Traders were selling unpacked flour at Tk 27-28 per kg and the packed item at Tk 30-32 per kg. Unpacked refined flour (Maida) maintained the earlier trend and was selling at Tk 33-35 per kg and the packed Maida at Tk 37-38 per kg last week.
Price of imported Indian onion was Tk 33-34 per kg while the local one was selling at Tk 33-36 per kg last week.
Retailers were selling Minicate rice at Tk 40-42 per kg and Nazirshail at Tk 40-46 per kg last week.
Traders said the price of course rice IRRI was Tk 33-34 per kg. They were selling BR 28 at Tk 36- 38 per kg, and Paijam at Tk 35 per kg.
Sugar maintained the same trend and was selling at Tk 50-55 per kg at the retailers' level in the city.
Local lentil was selling between Tk 80 and Tk 105 per kg depending on quality.
Prices of fish witnessed the same trend in the city's kitchen market except hilsa which showed a downward trend.
A pair of medium-sized hilsa was selling at Tk 400-450 against Tk 800-1000 in the previous week. Shrimp was selling at Tk 400-500 per kg while the price of small-sized shrimps ranged between Tk 300 and Tk 350 per kg.
Local 'ruhi' was selling at Tk 250-300 per kg while the Burmese one was selling at Tk 220- 240 per kg, 'katla' at Tk 220-250 per kg, 'rupchanda' at Tk 250-300 per kg, 'pangas' at Tk 100-120 per kg and 'chital' at Tk 320-450 per kg in the city's kitchen markets.
Of smaller fishes, 'telapia' was selling at Tk 130-150 and 'tengra' at Tk 250 a kg.
Prices of vegetables witnessed the same trend as in the week before but the winter vegetables are available in the markets at higher rates though the supply is adequate.
Bean was selling at Tk 75-80 per kg, tomato at Tk 70-80 per kg and a small-sized cauliflower at Tk 25-30 and a small-sized cabbage at Tk 25.
Cucumber was selling at Tk 30 per kg, brinjal at Tk 35 per kg, potato at Tk 15-16 per kg, long bean (borboty) at Tk 40 per kg, bitter gourd (karola) at Tk 40 per kg, 'potol' at Tk 24 per kg, papaya at Tk 10-15 per kg and green chili at Tk 30 per kg.
Meat sellers were selling beef at Tk 260-270 per kg and mutton at Tk 380-400 per kg.
Prices of poultry birds showed a downward trend. They were selling at Tk 135-145 per kg.