Red-hot price of chilli cooling down, salt remains sizzling

Dhaka,  Monday,   2016-09-19
Published : 19 Sep 2016, 23:27:51 | Updated : 19 Sep 2016, 23:29:38

Red-hot price of chilli cooling down, salt remains sizzling

Red-hot price of chilli cooling down, salt remains sizzling
The prices of chilli, one of the most essential items consumed by people of Bangladesh, and  few other food items of day-to-day necessity, have started to slide back to normal about one week after the Holy Eid-ul-Azha.

Visiting some kitchen markets in Dhaka city on Monday, both buyers and shopkeepers told this correspondent that the price of chilli which had almost shot up to twice the normal was slowly decreasing.

Various markets sold chilli for Tk 140-180 a kilograms on Monday.

Hilsa fish and salt, the two other commodities that exhibited a spike in prices are also expected to sell at normal prices soon, according to the traders.

Chilli was selling at a red hot price of Tk 250-280 a kilo during the start of the week.

A wholesaler of chillies said that the indigenous variety of chilli was being sold at Tk 100 to 120 a kilo while the Indian variety was selling at Tk 80-90 a kilo.

The supply of Indian chillies will further push the price barometer of the commodity down, traders believe.

The price of salt that had buoyed a little before Eid continues to remain high.

However, traders have expressed confidence that the price will soon become stable.

Karwan Bazar salt trader Shiekh Bellal Hussain said, "Salt price is expected to come down. We are therefore maintaining a low stock of the commodity."

Fine salt is selling at Tk 38-40 while the coarse grained salt is selling at Tk 25.

Despite a difference of Tk 50-100 in market price, Hilsa is still within the reach of the common man's menu, with a slight pressure on the purse.

A 800-gram Hilsa is selling at Tk 600-650 at the Mohammadpur Agricultural Market, Tk 500-550 at Karwan Bazar and Tk 550-600 at Mohakali market.

Mohammadpur Agricultural Market fish trader Anwar said that Hilsa price would continue to be low till the 29th after which catching of Hilsa fish would be prohibited.

Hilsa price is expected to go up then, he added, according to a news agency. -bz

Editor : A.H.M Moazzem Hossain
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