Prices of chili, vegetables on rise | 2017-10-06 |

Prices of chili, vegetables on rise

ANM Mohibub Uz Zaman     6th October, 2017 01:14:25 printer

Prices of chili, vegetables on rise

The exorbitant price of rice has not come down at retail kitchen markets though traders assured the government of reducing rates following a reduction of rice import duty.


Against the backdrop of the rice price hike, prices of green chili, onion, ginger and vegetables have marked a sharp rise this week.


Taking advantage of the rise, some traders have increased prices of most essential commodities to make more profits, many consumers have alleged.


Experts have blamed a lack of market monitoring and surveillance for the price spiral encourages traders to increase price of essential indiscriminately.


Prices of all vegetables witnessed a further hike by Tk 20-50 a kg on Thursday in the wake of heavy rain and flooding.


One kilogram of green chili was selling at Tk 200, bean at Tk 170, brinjal Tk 70, patol at Tk 60, radish at Tk 70 at Mohammadpur market.


Onion price soared to Tk 32-38 a kg in the capital from Tk 25 a kg, ginger price soared to TK 80-120.


However, rice prices are yet to become stable at retail markets despite assurance from traders.


The businessmen came up with the assurance on September 19 at a meeting at the food ministry after the government accepted a set of demands from millers and exporters.


Only prices of coarse rice have come down by Tk 1 to 2 per kg, but medium and fine varieties are still selling at high prices.


Traders assured the government that prices of local rice will come down by Tk 2 to 3 per kg and Indian rice will shed Tk 5 a kg.


The prices of the staple have been soaring over the last few months due to an artificial crisis created by millers and importers.


While visiting different kitchen markets in the capital, the daily sun correspondent found that rice price did not come down.


A kilogramme of coarse rice was being sold at between Tk 48 and Tk 52 while fine rice at Tk 64 to 68 per kg and medium rice Tk 56-58 per kg at different groceries in the capital.


Trades said many vegetable fields have been damaged by flooding and seasonal storms. This put negative impacts on the kitchen market.


Humayun Kabir Bhuiyan, secretary of the Consumers Association of Bangladesh, told the daily sun that some traders have been increasing prices of most essential commodities due to lack of government surveillance.


Lower-and fixed-income people are facing troubles due to the price hike of essentials, he said.