Price of onion falls in northern districts
Saturday, 15 December 2007
RANGPUR, Dec 14 (BSS): Price of onion marked a significant fall in the northern districts in recent weeks following the arrival of local and imported onions.
Market sources said consumers had been purchasing imported Indian onion at Tk 55 to 58 per kg for a long time till the first week of November and the same is now being sold at Tk 20 to Tk 23 per kg in the local markets.
Onion retailers and wholesalers today said that adequate supply of imported Indian onion and arrival of early variety of locally produced onion in the markets were the reasons behind the fall in onion price and the trend would continue further.
On the other hand, the consumers were found happy while purchasing onion at a rate within their purchasing capacity in recent weeks at different markets in Rangpur and other northern districts.
While talking to the news agency today, Deputy Director of the Department of Agriculture Extension (DAE), Rangpur Kamal Shariful Alam said that there were possibilities of further fall in the onion price as the early variety onion had started arriving in the local markets.
Besides, onion prices might remain within the reach of the common people from now as the DAE has fixed a target to produce 3,81,720 tonnes of onion from 63,620 hectares in the northern region during the current rabi season, he added.
Special measures have been taken to increase onion production during the current rabi season. A bumper production of the crop will further help common consumers. The crop is being cultivated two times a year during the summer and winter seasons instead of once during the winter season.
Market sources said consumers had been purchasing imported Indian onion at Tk 55 to 58 per kg for a long time till the first week of November and the same is now being sold at Tk 20 to Tk 23 per kg in the local markets.
Onion retailers and wholesalers today said that adequate supply of imported Indian onion and arrival of early variety of locally produced onion in the markets were the reasons behind the fall in onion price and the trend would continue further.
On the other hand, the consumers were found happy while purchasing onion at a rate within their purchasing capacity in recent weeks at different markets in Rangpur and other northern districts.
While talking to the news agency today, Deputy Director of the Department of Agriculture Extension (DAE), Rangpur Kamal Shariful Alam said that there were possibilities of further fall in the onion price as the early variety onion had started arriving in the local markets.
Besides, onion prices might remain within the reach of the common people from now as the DAE has fixed a target to produce 3,81,720 tonnes of onion from 63,620 hectares in the northern region during the current rabi season, he added.
Special measures have been taken to increase onion production during the current rabi season. A bumper production of the crop will further help common consumers. The crop is being cultivated two times a year during the summer and winter seasons instead of once during the winter season.