Rice price goes up, onion down

Staff Correspondent

18 January, 2020 12:00 AM printer

Prices of rice, loose cooking oil and cardamom shot up at the kitchen market in the capital on Friday, putting more pressure on wallets of consumers.

But, prices of onion, one of the most popular cooking ingredients in the country, have come down somewhat.

Prices of fine quality rice have gone up by Tk 2-3 per kg at the retail market in the capital.

The hike in the essentials has caused sufferings for consumers who have already been forced to go deep into their pockets to meet the rising expenditure.

BRRI-28 was sold at Tk 44-47 per kg, Jeerashail and Miniket at Tk 55-67 per kg at the retail markets on Friday.

According to the Trading Corporation of Bangladesh (TCB), the price of general quality Najir and Miniket has risen by 7.37 percent, fine quality Najir and Miniket rice price by 0.88 percetn while coarse quality lata rice price by 2.04 percent in the last one month.

Bangladesh Auto Major Husking Mill Owners Association Secretary K M Layek Ali told the daily sun that the supply crunch has increased some fine quality rice grown in Boro season.

The price of cardamom mostly used in cooking meat to add flavour saw a sharp rise to Tk 5,500-6,200 per kg at the city market since last week while the price was Tk 3,300-3600per kg a month earlier.

Earlier on August 15, price of cardamom was Tk 1,800-2,200.

The price of cardamom has increased by 63.64 percent in a month while it increased 200 percent in a year, according to the TCB.

The price hike in India caused such rise in cardamom prices in Bangladesh as India is one of the big cardamom producing countries in South Asia, said traders.

Loose cooking oil price has increased by Tk 2-3 per liter in a week and was selling at Tk 94-96 per liter on Friday while palm cooking oil price increased by Tk 1-2 per liter and was selling at 80-85 per liter.

The price of loose soyabin oil has increased by 12.43 percent in a month while palm cooking oil price increased by 19.57 percent in a month, according to TCB.

Local onion price witnessed a decline as they were sold at Tk 100-120 per kg which was Tk 150-160 per kg a week earlier.

Green chilli price was Tk 90-100 a kg, pumpkin Tk 35-40 a kg and bottle gourd at Tk 60-90 per piece based on their size.

Different winter vegetable price was also declined by Tk 10-20 per kg in the kitchen market.