Rise in edible oil prices likely
FE Report | Saturday, 7 June 2008
Prices of different essential items, including rice, flour, lentil and edible oil remained almost unchanged at their previous rates in the city markets during the past one week, traders said Friday.
They, however, said prices of canned edible oil of different brands might increase to some extent at the retail level this week.
"Distributors of canned edible oil of some brands informed us that prices of edible oil might go up this week," a trader in the city's Karwan Bazaar said.
In the last one week, prices of canned edible oil of different brands of five litres ranged between Tk 565 and Tk 570 remaining unchanged from its previous price a week ago.
Traders at Babubazar and Badamtoli in the city, however, said prices of coarse and finer varieties of rice that remained almost unchanged at their previous rates in the past one week after coming down to some extent is unlikely to decline further.
Over the last week, retailers in the capital said, prices of coarse and finer varieties of rice were Tk 31-Tk 33 per kg and Tk 35-Tk 45 per kg respectively remaining unchanged from their previous prices a week ago.
In the past one week, at the wholesale level, Minicate variety of rice was selling at Tk 1342-Tk 1436 (37.300 kg) against its previous rate at 1350-Tk 1460 per maund about a week ago. Nazirshail variety of rice was selling at Tk 1230-Tk 1600 per maund compared to its previous rate at Tk 1240-Tk 1620 per maund a week ago, coarse rice -Swarna (local) -- at Tk 1268-1300 per maund compared to its previous rate at Tk 1250-1290 per maund a week ago and BR-28 at Tk 1119- Tk 1130 per maund compared to its previous rate at Tk 1020-Tk 1030 per maund a week ago.
In the past one week, price of coarse flour, remaining unchanged from its previous rate a week ago, was Tk 42 per kg.
During the same period, prices of the finer variety of local lentil ranged between Tk 95 and Tk 100 against its previous rates at Tk 81 - Tk 85 per kg about a month ago. Prices of Nepalese and Turkish varieties of lentil were Tk 88-Tk 90 in the last week against Tk 75-Tk 76 per kg about a month ago.
In the past one week, non-brand sugar was selling at Tk 36-Tk 37 against Tk 35 per kg about a month ago. At the wholesale level sugar price ranged between Tk 1260 and Tk 1290 remaining unchanged from its previous price a week ago.
Prices of powder milk of different brands, which soared over the last few months, remained almost unchanged in the past one week.
During the same period, prices of poultry birds, showing a rising trend again, ranged between Tk 225 and Tk 245 per kg against Tk 120-Tk 130 per kg about a week ago. Prices of poultry birds went down in March following a lower demand because of news of outbreak of bird flu.
Beef and mutton were selling at Tk 180-Tk 190 per kg and Tk 240-Tk 250 per kg respectively, unchanged from their previous prices a week ago.
Prices of a number of fresh summer vegetable items that flooded the city markets remained almost unchanged at their previous rates a week ago.
During the last week, best quality snake gourd, cowpea, cucumber and bitter gourd were selling at Tk 20, Tk 18, Tk 12 and Tk 20 per kg respectively remaining unchanged from their previous rates a week ago. Green chilli was selling at Tk 20-Tk 30 per kg.
Price of potato ranged was Tk 13-Tk 14 against Tk 12-Tk 13 per kg two weeks ago.
In the past one week, traders said, prices of local onion were Tk 25-Tk 26 per kg while the prices of Indian one remained unchanged at Tk 15-Tk 16 per kg.
They, however, said prices of canned edible oil of different brands might increase to some extent at the retail level this week.
"Distributors of canned edible oil of some brands informed us that prices of edible oil might go up this week," a trader in the city's Karwan Bazaar said.
In the last one week, prices of canned edible oil of different brands of five litres ranged between Tk 565 and Tk 570 remaining unchanged from its previous price a week ago.
Traders at Babubazar and Badamtoli in the city, however, said prices of coarse and finer varieties of rice that remained almost unchanged at their previous rates in the past one week after coming down to some extent is unlikely to decline further.
Over the last week, retailers in the capital said, prices of coarse and finer varieties of rice were Tk 31-Tk 33 per kg and Tk 35-Tk 45 per kg respectively remaining unchanged from their previous prices a week ago.
In the past one week, at the wholesale level, Minicate variety of rice was selling at Tk 1342-Tk 1436 (37.300 kg) against its previous rate at 1350-Tk 1460 per maund about a week ago. Nazirshail variety of rice was selling at Tk 1230-Tk 1600 per maund compared to its previous rate at Tk 1240-Tk 1620 per maund a week ago, coarse rice -Swarna (local) -- at Tk 1268-1300 per maund compared to its previous rate at Tk 1250-1290 per maund a week ago and BR-28 at Tk 1119- Tk 1130 per maund compared to its previous rate at Tk 1020-Tk 1030 per maund a week ago.
In the past one week, price of coarse flour, remaining unchanged from its previous rate a week ago, was Tk 42 per kg.
During the same period, prices of the finer variety of local lentil ranged between Tk 95 and Tk 100 against its previous rates at Tk 81 - Tk 85 per kg about a month ago. Prices of Nepalese and Turkish varieties of lentil were Tk 88-Tk 90 in the last week against Tk 75-Tk 76 per kg about a month ago.
In the past one week, non-brand sugar was selling at Tk 36-Tk 37 against Tk 35 per kg about a month ago. At the wholesale level sugar price ranged between Tk 1260 and Tk 1290 remaining unchanged from its previous price a week ago.
Prices of powder milk of different brands, which soared over the last few months, remained almost unchanged in the past one week.
During the same period, prices of poultry birds, showing a rising trend again, ranged between Tk 225 and Tk 245 per kg against Tk 120-Tk 130 per kg about a week ago. Prices of poultry birds went down in March following a lower demand because of news of outbreak of bird flu.
Beef and mutton were selling at Tk 180-Tk 190 per kg and Tk 240-Tk 250 per kg respectively, unchanged from their previous prices a week ago.
Prices of a number of fresh summer vegetable items that flooded the city markets remained almost unchanged at their previous rates a week ago.
During the last week, best quality snake gourd, cowpea, cucumber and bitter gourd were selling at Tk 20, Tk 18, Tk 12 and Tk 20 per kg respectively remaining unchanged from their previous rates a week ago. Green chilli was selling at Tk 20-Tk 30 per kg.
Price of potato ranged was Tk 13-Tk 14 against Tk 12-Tk 13 per kg two weeks ago.
In the past one week, traders said, prices of local onion were Tk 25-Tk 26 per kg while the prices of Indian one remained unchanged at Tk 15-Tk 16 per kg.