Prices of rice, edible oil mark further rise
Saturday, 29 December 2007
FE Report
Prices of rice and edible went up at the retail level in the city markets over the last one week compared to their previous prices, market operators 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 varieties of rice have increased by Tk40-Tk100 per maund.
Rice wholesalers in the city's Badamtoli and Babubazar said prices of rice may go up again to some extent unless the government takes proper steps soon.
Sabbir Ahmed, proprietor of Haji Rice House in the city's Rampura Banasree area, said prices of rice have been soaring since hurricane SIDR hit the country on November 15 and added the government's intervention is a must to lower the price of the same.
At the retail level, prices of coarse varieties of rice were Tk29-Tk30 per kg while finer varieties ranged between Tk36 and Tk48 per kg against Tk26-Tk27 per kg and Tk32-Tk42 per kg respectively two weeks ago, traders said.
During the last week, at the wholesale level, Minicate variety of rice was selling at Tk1430-Tk1450 (37.50-38 kg) against its previous rate at Tk1220-Tk1250 per maund about two weeks ago. Nazirshail variety of rice was selling at Tk1585-Tk1600 per maund compared with its previous rate at Tk1550-Tk1570 two weeks ago, coarse rice LC at Tk 1025 per maund compared with its previous rate at Tk900-Tk950 two weeks ago and Lata variety of rice at Tk1137-Tk1150 per maund compared with its previous rate at Tk 955-Tk1000 two weeks ago.
Market operators said prices of edible oil increased by Tk2 per litre over the last few days in the city markets.
During the last few-days prices of canned edible oil of different brands of five litres were Tk460-465 against the previous prices at Tk450-Tk455 a week ago.
When asked, a trader said: "We have been informed that prices of edible oil have gone up due to price hike of the same in the international market."
Traders said prices of onion have declined sharply following rise in import and harvesting. Indian and Chinese onions were selling at Tk 25-Tk26 per kg and Tk27-Tk28 per kg respectively against their previous prices at Tk40-Tk45 per kg a month ago in the city markets.
They said prices of local onion came down to Tk30-Tk40 per kg from Tk40-50 two weeks ago.
During the last week at the wholesale level sugar was selling at Tk1040-Tk1050 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 Tk34-Tk35 per kg.
Prices of many seasonal vegetables declined to some extent over the last one week in the city markets.
During the last week best quality eggplant was selling at Tk24-Tk30 per kg. Green chilli and coriander leaf were selling at Tk40-Tk45 and Tk45-Tk50 per kg respectively.
Prices of newly arrived potato came down to Tk24-Tk30 per kg from Tk35-Tk40 per kg two weeks back. 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.
Price of a renowned company's powder milk, that recorded a rise by Tk10-Tk60 per kg, remained unchanged over the last one week.
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.
Prices of some local and imported fishes including big-size 'ruhi' and 'katla' have remained almost unchanged.
Prices of rice and edible went up at the retail level in the city markets over the last one week compared to their previous prices, market operators 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 varieties of rice have increased by Tk40-Tk100 per maund.
Rice wholesalers in the city's Badamtoli and Babubazar said prices of rice may go up again to some extent unless the government takes proper steps soon.
Sabbir Ahmed, proprietor of Haji Rice House in the city's Rampura Banasree area, said prices of rice have been soaring since hurricane SIDR hit the country on November 15 and added the government's intervention is a must to lower the price of the same.
At the retail level, prices of coarse varieties of rice were Tk29-Tk30 per kg while finer varieties ranged between Tk36 and Tk48 per kg against Tk26-Tk27 per kg and Tk32-Tk42 per kg respectively two weeks ago, traders said.
During the last week, at the wholesale level, Minicate variety of rice was selling at Tk1430-Tk1450 (37.50-38 kg) against its previous rate at Tk1220-Tk1250 per maund about two weeks ago. Nazirshail variety of rice was selling at Tk1585-Tk1600 per maund compared with its previous rate at Tk1550-Tk1570 two weeks ago, coarse rice LC at Tk 1025 per maund compared with its previous rate at Tk900-Tk950 two weeks ago and Lata variety of rice at Tk1137-Tk1150 per maund compared with its previous rate at Tk 955-Tk1000 two weeks ago.
Market operators said prices of edible oil increased by Tk2 per litre over the last few days in the city markets.
During the last few-days prices of canned edible oil of different brands of five litres were Tk460-465 against the previous prices at Tk450-Tk455 a week ago.
When asked, a trader said: "We have been informed that prices of edible oil have gone up due to price hike of the same in the international market."
Traders said prices of onion have declined sharply following rise in import and harvesting. Indian and Chinese onions were selling at Tk 25-Tk26 per kg and Tk27-Tk28 per kg respectively against their previous prices at Tk40-Tk45 per kg a month ago in the city markets.
They said prices of local onion came down to Tk30-Tk40 per kg from Tk40-50 two weeks ago.
During the last week at the wholesale level sugar was selling at Tk1040-Tk1050 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 Tk34-Tk35 per kg.
Prices of many seasonal vegetables declined to some extent over the last one week in the city markets.
During the last week best quality eggplant was selling at Tk24-Tk30 per kg. Green chilli and coriander leaf were selling at Tk40-Tk45 and Tk45-Tk50 per kg respectively.
Prices of newly arrived potato came down to Tk24-Tk30 per kg from Tk35-Tk40 per kg two weeks back. 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.
Price of a renowned company's powder milk, that recorded a rise by Tk10-Tk60 per kg, remained unchanged over the last one week.
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.
Prices of some local and imported fishes including big-size 'ruhi' and 'katla' have remained almost unchanged.