Bakers, restaurants\\\' demand drives up egg prices

FE Report | Published: August 16, 2014 00:00:00 | Updated: November 30, 2026 06:01:00

Prices of coarse rice and egg increased on Friday compared with a week ago, according to traders.
They said that prices of a few vegetables and chilli witnessed further hike in the last seven days due to rain in crop- growing hubs.
Egg prices rose by 13 and 25 per cent in the capital's wholesale and retail markets respectively.
Growing demand coupled with supply shortage caused the price hike, claimed the market operators.
Prices of egg, the most consumed protein-rich food item, especially by lower and middle income groups, were up by Tk 1.0 and Tk 2.0 per piece at the wholesale and retail levels respectively across the capital in the last seven days following an increase in consumption.
Rising demand for eggs from bakery industries, restaurants and other consumers with the end of the holy month of Ramadan has contributed to the price hike, according to the businesses.
Prices of eggs (farm) rose to Tk 35- 36 per hali (four pieces) at the wholesale level and to Tk 39-40 at the retail level, putting extra pressure on the fixed earners.
Duck's egg price was the same as that of farm variety.
The rate was Tk 28-29 (wholesale) and Tk 31-32 (retail) per hali at the beginning of the Ramadan.
Pakistani variety was sold at Tk 40-44 per hali at the wholesale and retail respectively in the capital on Friday.
Rabiul Alam, an egg trader at Nowabganjbazar in the capital, said the demand for eggs from bakeries and restaurants more than doubled over the last few days.
The trader told the FE that demand from his customers, including retailers, bakeries and restaurants, increased to 8,000, which was 4,000 pieces during the Ramadan.
He said the suppliers are charging Tk 850 to 875 per hundred pieces of farm egg.
He said that it cost him Tk 700 to 750 per hundred pieces for the same egg few days before Eid-ul-Fitr.
Meanwhile, prices of coarse rice varieties have increased in the city kitchen markets as traders said it was due to the shortage of a few paddy varieties.
Prices of course rice varieties like Shwarna, Brridhan-29 and hybrid varieties increased by 3 to 6 per cent in last seven days, retailers said.
Swarna varieties were sold at Tk 36-37 per kg, Brridhan-29 at Tk37-38, hybrid varieties at Tk 34-35 per kg on Friday, a rise of Tk1-2 in last seven days.
The prices of finer varieties like Miniket, Najirshail, Paijam, Brridhan-28, were stable. Miniket was sold at Tk46-52 per kg---stable for last one and a half months, traders said.
Green chilli was sold at Tk120 (hybrid) and Tk130-140 (indigenous) per kg on Friday, which was Tk110-112 and Tk120-130 per kg respectively seven days back.
Traders said the prices increased due to heavy rainfall that disrupted supply and damaged many farms in the chilli growing hubs in the country.
Prices of pointed, ridge, sponge, bottle and bitter gourd, mukhi kochu (a tuber crop) increased by Tk5-10 per kg while prices of brinjal, snake gourd, papaya were stable.
Papaya was the cheapest vegetable pricing Tk20 (at Noabganjbazar) and Tk25 (at Hatirpool Bazar) per kg on Friday.
Early variety of bean, tomato, and radish prices reduced during the period. Bean was sold at between Tk80 and Tk100 per kg based on their qualities.
Other commodity prices were static for the last seven days.