Govt re-fixes potato retail price at Tk 35 per kg

Sun Online Desk

20th October, 2020 04:24:00 printer

Govt re-fixes potato retail price at Tk 35 per kg

The government has re-fixed Tk 35 per kg of potatoes at retail market, raising Tk 5 from previous price of Tk 30 per kg, said Agricultural Minister Abdur Razzak.

The minister came up with the statement while speaking to media at the secretariat on Tuesday.

Earlier on October 7, the Department of Agricultural Marketing (DAM) fixed prices of potatoes Tk 30 per kg at retail level, Tk 25 at wholesale level and Tk 23 from cold storage.

According to the Department of Agricultural Extension, the production cost of one kg of potato this year was Tk 8.40. Around 10.9 million tonnes of potatoes were produced in the country.

The annual demand of potatoes in the country is around 7.7 million tons while two million tones of potatoes are preserved as seed.

Potatoes have been selling at retail market around Tk 50 per kg for the last few weeks. The prices of other vegetables have also gone up.