Prices of onion, garlic show notable rise

Dhaka,  Thu,  21 September 2017
Published : 20 Apr 2017, 22:02:56

Prices of onion, garlic show notable rise

FE Report

Prices of onion and garlic showed a notable rise last week which market observers termed 'unreasonable' as peak harvesting season of the spices was in progress.

Although sugar prices declined at wholesale level, the change is yet to be reflected at retail markets, according to the kitchen market sources.

Onion and garlic prices have been marking a rise for the last two consecutive weeks.

Local variety of onion was sold at Tk 28 to Tk 36 based on different qualities on Thursday at retail markets in the city, but it was Tk 25 to Tk 30 a kg only a week back - with the prices marking a 12 to 17 per cent hike.

Imported onion's prices increased to Tk 22 to Tk 28 a kg from Tk 20 to Tk 24 seven days ago, which marked a 10 to 16 per cent surge.

Garlic of local variety increased to Tk 110-Tk 120 a kg and imported ones to Tk 190-Tk 210 a kg which were Tk 90-Tk 100 and Tk 180-Tk 190 a kg respectively only a week back and it marked a 6 to 20 per cent increase within a week.

Proprietor of Popular Store Al Hasan (Sumon), a grocer at Shantinagar Bazar in the city, said prices of the spices have been showing a rising trend for the last two weeks at Shyambazar wholesale market.

The best quality onion from Faridpur district was being sold at Tk 32.5-Tk 33 a kg at Shyambazar for last few days which was Tk 28-Tk 29 a kg previously, he said.
Editor : A.H.M Moazzem Hossain
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