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Prices of fine rice, baby food register upward trend

Saturday, 8 December 2007


FE Report
Prices of finer varieties of rice and baby food of some brands registered an upward trend at the retail level in the city markets over the last one week compared to their previous prices, market sources said.
During the last one week, they said, prices of most other essential commodities remained almost unchanged while prices of seasonal vegetables marked a declining trend.
At the wholesale level, market operators said, prices of rice especially of finer varieties have increased by Tk37-Tk70 per maund.
Talking to the FE Friday, wholesalers of rice in the city said prices of finer varieties of rice have soared on information of deficiency of foodgrains in the buffer stock.
At the retail level, prices of coarse variety of rice remained unchanged at Tk26-Tk27 per kg despite price hike of finer varieties of rice that ranged between Tk34 and Tk41 per kg against Tk32 and Tk40per kg a week ago, traders said.
During the last week, at the wholesale level, Minicate variety of rice was selling at Tk1220-Tk1250 per maund (37.50-38 kg) against its previous rate at Tk1080 per maund about two months ago. Nazirshail variety of rice was selling at Tk1550-Tk1570 per maund compared with its previous rate at Tk 1250 per maund two months ago, BRRI at Tk 895 per maund compared with its previous rate at Tk 760 per maund and Lata variety of rice at Tk 955-Tk1000 per maund compared with its previous rate at Tk 850 per maund a month ago.
Market operators said prices of baby food of some brands increased during the last one week.
They said price of a renowned company's powder milk used especially as baby food was Tk 820 per kg last week against its previous price at Tk 795.
Prices of powder milk of some other brands, that recorded a rise by Tk10-Tk15, were selling at Tk510-Tk515 per kg.
Prices of liquid and condensed milk of different brands that recorded a rise by Tk1-Tk2 per litre two weeks ago remained almost unchanged. Liquid milk of various brands was selling at Tk35-Tk42 per litre in the markets over the last week against their previous price at Tk36-Tk40 a month ago.
Traders said prices of onion have declined sharply as onion imported from India and China has flooded the market. Indian and Chinese onion was selling at Tk 25-Tk26 per kg and Tk27-Tk28 per kg respectively against their previous prices at Tk40-Tk45 per kg two weeks ago in the city markets.
They said prices of local onion came down to Tk40-Tk50 per kg from Tk66-68 two weeks ago.
During the last week prices of edible oil have remained unchanged. At the retail level, prices of canned edible oil of different brands of five litres remained unchanged at Tk 450-Tk455.
During the last week at the wholesale level sugar was selling at Tk1110-Tk1020 per maund compared with its previous rates at Tk1020-Tk1025 per maund a month ago.
At the retail level locally produced sugar was selling at Tk32-Tk33 per kg compared with its previous rate at Tk28-Tk30 per kg a month ago. Brown sugar was selling at Tk35-Tk36 per kg.
Prices of cosmetics including soaps of some brands and spices increased in the city markets during the last one week.
Prices of newly arrived potato came down to Tk35-Tk40 per kg from Tk58-Tk60 per kg. Prices of potato (old) remained unchanged at Tk25-Tk30 per kg. Price of a small piece of cabbage or cauliflower was Tk 12-Tk15, traders said.
However, prices of the fine variety of local lentil remained unchanged at Tk78-Tk 80 per kg, Nepalese variety at Tk75-Tk76 and the Turkish variety at Tk65-Tk68 per kg.
During the last week, at the retail level one kilogramme (kg) of packed coarse flour was selling at Tk38-Tk40 against its previous price at Tk 35-Tk36 per kg a month ago.
In the last one week, prices of poultry birds remained unchanged at Tk 85-Tk 95 per kg and beef at Tk 180-Tk190 per kg. Mutton was selling at Tk 240-Tk 250 per kg, unchanged from the previous week.