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14 December, 2019 09:36:35 AM

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Onion prices halved, winter veggies get cheaper too

KITCHEN MARKET
STAFF REPORTER, Dhaka
Onion prices halved, winter veggies get cheaper too
A customer buys vegetables from a seller at Kaptan Bazar in the capital yesterday. FOCUS BANGLA PHOTO

With the arrival of new varieties of onions, the prices of the bulb have started to fall in kitchen markets across the capital. Onion prices have dropped by half since last week.

Prices of vegetables have also started to come down. The prices of tomatoes, carrots, and beans declined over the past week.

On visiting kitchen markets, including Karwan Bazar, yesterday, The Independent found that imported small onions were selling for Tk. 100–120 per kg, down from last week’s rate of Tk. 200–220. The price of large imported onions also decreased to Tk. 50–70 per kg, a considerable drop compared to last week’s price of Tk. 80–120 per kg.

The new batch of local onions was selling at Tk. 100–120 per kg. The price of onions with buds was also low at Tk. 60–70 per kg, down from Tk. 80–100 last week.

Traders explained that onion prices had dropped because of the arrival in the kitchen markets of both imported onions and new local onions. They expect the cost will drop further in the coming days.

Data from the Trading Corporation of Bangladesh (TCB) revealed that the current onion price is Tk. 50–140 per kg. At this time last year, it had ranged between Tk. 20 and Tk. 40 per kg, which means the price this year is 245.45 per cent higher.

At the Karwan Bazar wholesale market, Chinese and Turkish onions were available at Tk. 50 per kg. New local onions were selling for Tk. 500 per palla (5 kg).

However, compared to the wholesale market, retail market prices had not decreased much. Local onions were selling for Tk. 110–150 per kg and imported varieties for Tk. 70–180 per kg.

Onion prices soared to Tk. 100 after September 23 and to Tk. 150 after September 29 following India’s ban on onion exports.

Since then, onion prices had been going up, even hovering around Tk. 250 per kg for a while. However, the prices have largely been in the range of Tk. 220–230 per kg.

Kitchen markets across the capital are also flooded with new winter vegetables. Their prices are currently within the reach of the lower middle class and have not shot up abnormally this week.

Traders say the supplies of vegetables like cauliflowers, cabbages, gourds, and tomatoes have increased, resulting in a fall in their prices. The price of beans has dropped by more than half compared to last week. Beans were selling for Tk. 100 per kg only a couple of weeks ago, but they are now available for Tk. 40–60 per kg. Snake gourds, bitter gourds, and pointed gourds were going for Tk. 30–40 per kg.

Newly harvested potatoes fetched Tk. 40–50 per kg yesterday, down from Tk. 60–70 last week. Cauliflowers were available at Tk. 30–50 depending on their size. Cabbages sold at Tk. 25–35 apiece.

In some kitchen markets, tomatoes were selling at Tk. 60–70 per kg. Just a week ago, tomatoes were priced at over Tk. 100 per kg. “This is tomato’s high season. Its price has gone down because of adequate supply,” a vendor explained.

Eggplants, carrots, turnips, and red spinach were also available at cheaper rates.

The price of broiler chicken also dipped to Tk. 110–120 per kg. Meanwhile, beef was selling for Tk. 500–550 per kg and goat meat for 700–800 per kg.

HM

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Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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