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Potato, rice, sugar prices rise in city markets

FE Report | Wednesday, 11 June 2008


Prices of some essentials including potato, rice and sugar, non-brand edible oil and poultry bird rose in the city' retail markets on Tuesday, traders said.

On the day, they said prices of potato increased to about Tk18-Tk19 per kg from around Tk14 per kg a day ago.

A wholesaler in the city's Karwan Bazaar said prices of potato increased sharply as stocks of the same preserved outside cold storages has almost run out.

Traders in the city market said prices of varieties of rice increased by Tk 1.0 on Tuesday after BDR's announcement to raise prices of the same to Tk 30 per kg from Tk 25 per kg previously.

On Tuesday, retailers in the capital said the prices of coarse and finer varieties of rice ranged at Tk 32-Tk34 per kg and Tk 36-Tk 46 per kg against 31-Tk33 per kg and Tk 35-Tk 45 per kg respectively a day ago.

They said prices of non-brand edible oil increased marginally though prices of pre-packed edible oil of different brands remained unchanged.

On Tuesday, prices of soybean, super palm and palm oil increased by Tk2.0 and were selling at Tk112, Tk102 and Tk100 per kg respectively in Karwan Bazaar.

On the same day, non-brand sugar was selling at Tk35-Tk36 per kg against Tk33 per kg about a day ago after news that the government proposed duty hike on import of the same.

Prices of poultry birds, however, increased to Tk 130 and Tk145 per kg from Tk 120-Tk130 per kg about a day ago.

Prices of poultry bird went up mainly due to shortage in supply as the sector was hit hard in January-March period due to outbreak of bird flu.