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Prices of sacrificial animals show downward trend

Tuesday, 16 November 2010


Jubair Hasan
Prices of sacrificial animals at the capital's makeshift cattle markets showed a downward trend Monday due to poor presence of buyers, causing fear among the traders that they might suffer a substantial loss.
On the other hand, buyers have expressed their satisfaction over the present price of such animals, saying prices of goats and cows are yet to cross their budget.
Traders have feared that they might suffer a loss of Tk 10,000 to Tk 15,000 for each of the animals, which have been brought in from various parts of the country, if poor presence of consumers continues further.
Cattle trader Habibur Rahman, who brought 19 big size cows to Rampura market from Pabna district, said they could not sell a single one since their arrival at the market Friday as the price is much lower than their cost.
"I purchased those cows at Tk 75,000 each on an average before transporting to Dhaka but customers offer only Tk 60,000. This is a common picture of the market," he said, adding that he will suffer a loss of 10,000 to Tk 15,000 for each of his animals if the price trend continues till the end.
Another trader Abdus Sattar, who came from Jamalpur district with 10 medium size cows, said, "I've already planned to take back those if the market remains the same."
"I did not sell any of them for the last three days fearing heavy loss," he added.
However, the low price brought smile in the face of customers as they can purchase animals within their budget.
"I bought the cow (big size) at Tk 60,000 against my budget of Tk 80,000 for the same size," Shahriar Alam, a customer said admitting that prices at the cattle markets are lower than those of other occasions.
A 'hasil' (vat) collector of Kamalapur cattle market said that a number of traders were shifting to other markets with their animals for better prices.
However, prices of goats at most of the city's markets registered an upward trend Monday.