Massive flood pushes up prices of all essentials including rice
Saturday, 4 August 2007
FE Report
Short supply followed by countrywide massive flood pushed up the prices of all essential commodities sharply in the city markets over the past week.
The crop lands of the vegetable growing districts like Narsingdi and Manikganj have been inundated.
As a result, both production and transport of essential commodities have been hampered to a great extent. This pushed up the prices of those items in the city markets.
Traders said during the last week prices of almost all varieties of essential commodities have gone up in the markets.
During the last week at the wholesale level prices of Indian variety of Swarna and Paari rose to Tk 820-Tk 850 per maund from Tk 780-Tk 800 per maund, Lata rose to Tk 900-Tk 920 per maund from Tk 850-Tk 860 per maund.
IRRI variety of rice was selling at Tk 800-Tk 820 per maund compared with its previous rates at Tk 700-Tk 710 per maund, Nazirshail from Savar at Tk 900-Tk 950 per maund compared with its previous rates at Tk 850-Tk 900 per maund and Nazirshail from North Bengal at Tk 980-Tk 1000 per maund compared with its previous rates at Tk 920-Tk 930 per maund.
Prices of Minicate variety of rice rose to Tk 1050 from Tk 1010-Tk 1020 per maund at wholesale level, traders said.
At the retail level, fine varieties of rice were selling at Tk 28-Tk 29 per kg compared with their previous rates at Tk 26-Tk 27 per kg and the coarse varieties of rice were selling at Tk 22-Tk 23 per kg compared with their previous rates at Tk 21-Tk 22 per kg.
During the last week, at the wholesale level soybean oil was selling at Tk 2720-Tk 2740 per maund compared with its previous rates at Tk 2580-Tk 2600 per maund and super palm oil at Tk 2700 per maund compared with its previous rates at Tk 2550-Tk 2560 per maund.
Palm oil was selling at Tk 2650 per maund compared with its previous rate at Tk 2500 per maund at the wholesale level.
During the last week at the retail level packaged coarse flour was selling at Tk 30 per kg compared with its previous rates at Tk 27-Tk 28 per kg and two-kg packet was selling at Tk 60 compared with its previous rates at Tk 54-Tk 56.
At the retail level, five-litre cans of edible oil of different brands were selling at Tk 380-Tk 385 compared with their previous rates at Tk 370-375. During the last week green chilli was selling at Tk 160-Tk 180 per kg compared with its previous rates at Tk 60-Tk 70 per kg.
During the last week, at the retail level, brinjal was selling at Tk 40-Tk 48 per kg compared with its previous rates at 26-Tk 30 per kg. Bitter gourd was selling at Tk 36-Tk 40 per kg compared with its previous rates at Tk 28-Tk 30 per kg.
During the last week, snake gourd and ridge gourd were selling at Tk 28-Tk 30 per kg compared with their previous rates at Tk 22-Tk 24 per kg.
Potato price remained unchanged in the city markets at Tk 20-Tk 21 per kg over the past week. Eggs were selling at Tk 60 per dozen compared with the previous rate at Tk 52 per dozen.
Prices of the fine variety of lentil remained unchanged at Tk 70-Tk 72 per kg and its Turkish variety at Tk 56-Tk 60 per kg. Prices of 'moong' pulse remained unchanged at Tk 70-Tk 74 per kg during the last week.
During the last week ginger was selling at Tk 50-Tk 60 per kg compared with its previous rates at Tk 35-Tk 40 per kg.
At retail level onion was selling at Tk 30-Tk 32 per kg compared with its previous rates at Tk 24-Tk 26 per kg. Traders said garlic was selling at Tk 60-Tk 80 per kg compared with its previous rates at Tk 40-Tk 60 per kg.
In the last week, prices of poultry birds remained unchanged at Tk 90-Tk 100 per kg. During the last week beef was selling at Tk 180 per kg, unchanged from the previous week.
During the last week, at the wholesale level sugar was selling at Tk 910 per maund, unchanged from the previous week. At the retail level sugar was selling at Tk 28-Tk 30 per kg during the last week, unchanged from the previous week.
Mutton was selling at Tk 220-Tk 230 per kg, unchanged from the previous week. During the last week a medium-size hilsa fish was selling at Tk 250-Tk 350, unchanged from the previous week. Traders said prices of refined salt remained unchanged at Tk 18 per kg.
Short supply followed by countrywide massive flood pushed up the prices of all essential commodities sharply in the city markets over the past week.
The crop lands of the vegetable growing districts like Narsingdi and Manikganj have been inundated.
As a result, both production and transport of essential commodities have been hampered to a great extent. This pushed up the prices of those items in the city markets.
Traders said during the last week prices of almost all varieties of essential commodities have gone up in the markets.
During the last week at the wholesale level prices of Indian variety of Swarna and Paari rose to Tk 820-Tk 850 per maund from Tk 780-Tk 800 per maund, Lata rose to Tk 900-Tk 920 per maund from Tk 850-Tk 860 per maund.
IRRI variety of rice was selling at Tk 800-Tk 820 per maund compared with its previous rates at Tk 700-Tk 710 per maund, Nazirshail from Savar at Tk 900-Tk 950 per maund compared with its previous rates at Tk 850-Tk 900 per maund and Nazirshail from North Bengal at Tk 980-Tk 1000 per maund compared with its previous rates at Tk 920-Tk 930 per maund.
Prices of Minicate variety of rice rose to Tk 1050 from Tk 1010-Tk 1020 per maund at wholesale level, traders said.
At the retail level, fine varieties of rice were selling at Tk 28-Tk 29 per kg compared with their previous rates at Tk 26-Tk 27 per kg and the coarse varieties of rice were selling at Tk 22-Tk 23 per kg compared with their previous rates at Tk 21-Tk 22 per kg.
During the last week, at the wholesale level soybean oil was selling at Tk 2720-Tk 2740 per maund compared with its previous rates at Tk 2580-Tk 2600 per maund and super palm oil at Tk 2700 per maund compared with its previous rates at Tk 2550-Tk 2560 per maund.
Palm oil was selling at Tk 2650 per maund compared with its previous rate at Tk 2500 per maund at the wholesale level.
During the last week at the retail level packaged coarse flour was selling at Tk 30 per kg compared with its previous rates at Tk 27-Tk 28 per kg and two-kg packet was selling at Tk 60 compared with its previous rates at Tk 54-Tk 56.
At the retail level, five-litre cans of edible oil of different brands were selling at Tk 380-Tk 385 compared with their previous rates at Tk 370-375. During the last week green chilli was selling at Tk 160-Tk 180 per kg compared with its previous rates at Tk 60-Tk 70 per kg.
During the last week, at the retail level, brinjal was selling at Tk 40-Tk 48 per kg compared with its previous rates at 26-Tk 30 per kg. Bitter gourd was selling at Tk 36-Tk 40 per kg compared with its previous rates at Tk 28-Tk 30 per kg.
During the last week, snake gourd and ridge gourd were selling at Tk 28-Tk 30 per kg compared with their previous rates at Tk 22-Tk 24 per kg.
Potato price remained unchanged in the city markets at Tk 20-Tk 21 per kg over the past week. Eggs were selling at Tk 60 per dozen compared with the previous rate at Tk 52 per dozen.
Prices of the fine variety of lentil remained unchanged at Tk 70-Tk 72 per kg and its Turkish variety at Tk 56-Tk 60 per kg. Prices of 'moong' pulse remained unchanged at Tk 70-Tk 74 per kg during the last week.
During the last week ginger was selling at Tk 50-Tk 60 per kg compared with its previous rates at Tk 35-Tk 40 per kg.
At retail level onion was selling at Tk 30-Tk 32 per kg compared with its previous rates at Tk 24-Tk 26 per kg. Traders said garlic was selling at Tk 60-Tk 80 per kg compared with its previous rates at Tk 40-Tk 60 per kg.
In the last week, prices of poultry birds remained unchanged at Tk 90-Tk 100 per kg. During the last week beef was selling at Tk 180 per kg, unchanged from the previous week.
During the last week, at the wholesale level sugar was selling at Tk 910 per maund, unchanged from the previous week. At the retail level sugar was selling at Tk 28-Tk 30 per kg during the last week, unchanged from the previous week.
Mutton was selling at Tk 220-Tk 230 per kg, unchanged from the previous week. During the last week a medium-size hilsa fish was selling at Tk 250-Tk 350, unchanged from the previous week. Traders said prices of refined salt remained unchanged at Tk 18 per kg.