Slight decline in prices of rice at wholesale level
Saturday, 1 November 2008
FE Report
Prices of different varieties of rice declined by Tk 50 to Tk 150 per maund at the wholesale level during the last week while other commodities except vegetables and sugar remained unchanged from their previous rate in the city's markets.
Price of vegetables increased by Tk4-Tk 6 per kg in the city's retail market over the past one week due to supply disruption caused by rains, traders in the city's market said Friday.
Besides, prices of sugar declined by Tk 2 per kg. In the past one week, prices of sugar was Tk 32- Tk 34 per kg against its previous rates of Tk 33-Tk 35 per kg before that.
According to traders in Babubazar and Noyabazar, prices of different varieties of rice declined by Tk 50 to Tk 150 per maund due to large-scale supply.
Md. Mostafa, a salesman of the city's Babubazar wholesale rice market, said millers are clearing their buffer stocks to store the new arriving 'Aman' rice.
Traders said that the price would come down further in the coming days as the arrival of much anticipated Aman rice would further bring down the price of rice.
Now, at wholesale level, the minicate variety of rice was selling at Tk 1300-Tk 1450 per maund (37.300 kg) while the nazirshail variety at Tk 1200-Tk 1450 per maund against the previous rates of Tk 1450 -Tk 1500 per maund and Tk 1450-Tk 1650 per maund respectively during the previous week, traders said.
Besides, price of BR-28, widely consumed by low-income people, was Tk 1100-Tk 1250 per maund and pari Tk 1050-Tk1060 per maund against the previous rates of Tk 1300-Tk 1320 per maund Tk 1200- Tk1250 per maund respectively at the wholesale level.
In the retail market, coarse varieties of rice, especially BR-28 and pari, were selling at Tk 35-Tk 36 per kg against Tk 39-Tk 41 per kg in the previous week. Besides, minicate variety of rice was selling at Tk 40-Tk 44 per kg and nazirshail at Tk 36-Tk 44 per kg.
According to traders in the city's markets, prices of vegetables would not decline until the arrival of winter vegetables in full swing in the retail markets. Supply from rural areas, traders said, is expected to become normal within a month.
On Friday, prices of a number of vegetables, including ladies' finger, brinjal and cowpea were Tk 30 per kg, Tk 40-Tk48 per kg and Tk 30 per kg respectively, according to the traders of city's retail markets.
Cucumber was being sold at Tk 50 per kg while tomato at Tk 80-Tk 100 per kg. Potal at Tk 25-Tk 28, carrot Tk 35-Tk40, radish at Tk24-Tk 28, bitter gourd at Tk 30 and potato Tk 15-Tk 16 per kg. Flat bean was selling at Tk60-Tk 80 per kg and green chilli at Tk 70-Tk 80 per kg while green banana were selling at Tk 20 (four pieces) in the city's local markets.
Prices of all brands of liquid milk remained unchanged. Milk vita's price is Tk 48 per liter.
Prices of non-brand edible oil including soyabean oil and super palm oil in the retail level remained almost unchanged at their previous rate, ranging between Tk 98-Tk 102 per kg and Tk 60- Tk 64 per kg respectively.
During the same week, edible oil of different brands of five-litre cans was selling at Tk 520- Tk 540.
The market sources said, local onion was selling at Tk 28- Tk 34 per kg one week back while the prices of imported Indian onion was Tk 18-Tk 24 per kg at the city's retail market in the previous week. Garlic was selling at Tk 32 -Tk 35 per kg.
Traders said prices of the finer variety of local lentil and imported Nepalese and Turkish varieties remained unchanged at their previous rates in the local markets. Local lentil was selling at Tk 108-Tk110 and imported ones at Tk 88- Tk 90
Market sources said price of beef remained unchanged and a kilo of beef was selling at Tk 220. Mutton was selling between Tk 280-Tk350 per kg in the city's retail outlets, during the last week.
Prices of poultry bird come down slightly. During the last week, poultry birds were selling at Tk 105 per kg at the retail level of the city. A dozen of eggs were selling at Tk 84 due to shortage of supply, which was at Tk 78 a week ago.
Prices of different varieties of rice declined by Tk 50 to Tk 150 per maund at the wholesale level during the last week while other commodities except vegetables and sugar remained unchanged from their previous rate in the city's markets.
Price of vegetables increased by Tk4-Tk 6 per kg in the city's retail market over the past one week due to supply disruption caused by rains, traders in the city's market said Friday.
Besides, prices of sugar declined by Tk 2 per kg. In the past one week, prices of sugar was Tk 32- Tk 34 per kg against its previous rates of Tk 33-Tk 35 per kg before that.
According to traders in Babubazar and Noyabazar, prices of different varieties of rice declined by Tk 50 to Tk 150 per maund due to large-scale supply.
Md. Mostafa, a salesman of the city's Babubazar wholesale rice market, said millers are clearing their buffer stocks to store the new arriving 'Aman' rice.
Traders said that the price would come down further in the coming days as the arrival of much anticipated Aman rice would further bring down the price of rice.
Now, at wholesale level, the minicate variety of rice was selling at Tk 1300-Tk 1450 per maund (37.300 kg) while the nazirshail variety at Tk 1200-Tk 1450 per maund against the previous rates of Tk 1450 -Tk 1500 per maund and Tk 1450-Tk 1650 per maund respectively during the previous week, traders said.
Besides, price of BR-28, widely consumed by low-income people, was Tk 1100-Tk 1250 per maund and pari Tk 1050-Tk1060 per maund against the previous rates of Tk 1300-Tk 1320 per maund Tk 1200- Tk1250 per maund respectively at the wholesale level.
In the retail market, coarse varieties of rice, especially BR-28 and pari, were selling at Tk 35-Tk 36 per kg against Tk 39-Tk 41 per kg in the previous week. Besides, minicate variety of rice was selling at Tk 40-Tk 44 per kg and nazirshail at Tk 36-Tk 44 per kg.
According to traders in the city's markets, prices of vegetables would not decline until the arrival of winter vegetables in full swing in the retail markets. Supply from rural areas, traders said, is expected to become normal within a month.
On Friday, prices of a number of vegetables, including ladies' finger, brinjal and cowpea were Tk 30 per kg, Tk 40-Tk48 per kg and Tk 30 per kg respectively, according to the traders of city's retail markets.
Cucumber was being sold at Tk 50 per kg while tomato at Tk 80-Tk 100 per kg. Potal at Tk 25-Tk 28, carrot Tk 35-Tk40, radish at Tk24-Tk 28, bitter gourd at Tk 30 and potato Tk 15-Tk 16 per kg. Flat bean was selling at Tk60-Tk 80 per kg and green chilli at Tk 70-Tk 80 per kg while green banana were selling at Tk 20 (four pieces) in the city's local markets.
Prices of all brands of liquid milk remained unchanged. Milk vita's price is Tk 48 per liter.
Prices of non-brand edible oil including soyabean oil and super palm oil in the retail level remained almost unchanged at their previous rate, ranging between Tk 98-Tk 102 per kg and Tk 60- Tk 64 per kg respectively.
During the same week, edible oil of different brands of five-litre cans was selling at Tk 520- Tk 540.
The market sources said, local onion was selling at Tk 28- Tk 34 per kg one week back while the prices of imported Indian onion was Tk 18-Tk 24 per kg at the city's retail market in the previous week. Garlic was selling at Tk 32 -Tk 35 per kg.
Traders said prices of the finer variety of local lentil and imported Nepalese and Turkish varieties remained unchanged at their previous rates in the local markets. Local lentil was selling at Tk 108-Tk110 and imported ones at Tk 88- Tk 90
Market sources said price of beef remained unchanged and a kilo of beef was selling at Tk 220. Mutton was selling between Tk 280-Tk350 per kg in the city's retail outlets, during the last week.
Prices of poultry bird come down slightly. During the last week, poultry birds were selling at Tk 105 per kg at the retail level of the city. A dozen of eggs were selling at Tk 84 due to shortage of supply, which was at Tk 78 a week ago.