At the beginning of the new year, the prices of 10 products, including rice, have risen.



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Commodities market

At the beginning of the new year, the prices of at least 10 products, including rice, have risen. The prices of onions, potatoes and eggs have dropped. The list of high-priced products includes medium-quality lentils, broiler chicken, cardamom, cinnamon, cumin, two types of imported and domestic ginger, open soybean oil, one-liter and 5-liter soybeans, open palm, and super palm.

On Friday (January 1), the market turned, with retail rice and a half rising 2 rupees per kg in the last week. About Rs 80 per kg of rice. However, the price of coarse rice has not increased in the new year, but it is not available below 50 rupees. And fine rice sells for Rs 6 per kg. A week ago, the price of this rice was 56 rupees per kg. Biplob Sarkar, a trader in the capital’s Jatrabari area, said the price of rice was rising due to a shortage of supply compared to demand. In the imported rice market, the price will drop.
Mohammad Nizam Uddin, general secretary of the Badamtali and Babu Bazar Rice Traders Association, told the Bengali Tribune: “If the supply of rice increases, the price will go down.” The price of rice has risen due to higher prices and lower production due to floods and heavy rains.
The prices of cumin and cinnamon are the ones that have risen the most in the last week.

Traders say that cinnamon and cumin have risen by Rs 50-60 per kg. Medium quality lentil pulses are sold at 95 Tk / kg in the retail market. Last week, the price of lentil beans was 80-90 rupees. Rs 120 per kg of broiler chicken is sold at Rs 135 per kg. The price of ginger has increased by Rs 10 per kg. Hali Farm’s eggs, which were sold at Tk 32 last week, are sold today at Tk 28.

Prices have started to fall as onions start arriving from India. Traders say that the supply of onions in the market is high. In addition, India has lifted the ban on exporting onions. As a result, the price of onion has dropped by Tk 10 per kg in the capital markets during the week. Along with onions, the price of new potatoes has also dropped considerably. However, the price of old potatoes has risen.

Some markets in the capital have been visited, the market is full of new local onions. There are also many imported onions. Good quality onions are sold for Rs 40-45 per kg. However, this onion was sold at 55-60 rupees last week. And the imported onions are sold at Rs 25-30 per kg as before.

Meanwhile, the supply of winter vegetables has increased on the market, especially cauliflower, cabbage, beans, radishes and turnips. Buyers get relief buying vegetables even though the price of the new vegetables has not dropped. For more than a month, buyers have been able to buy vegetables at relatively low prices. On Friday (January 1), most winter vegetables are available on the market at Rs 30 per kg.
Chaidul Islam, a Mugdar resident in the capital, said that although there is relief in the vegetable market in the new year, people are struggling to buy other products, such as rice and legumes. For most of 2020, commodity prices were high. But people’s incomes have not increased. For this reason, it’s important to keep commodity prices under control so that people don’t feel uncomfortable in 2021.

The price of beans has been seen to be Rs 30-50 per kg as before. Cauliflower and cabbage are sold for Rs 20-30 a piece. Rs 20 per kg of turnip. Radish is available at Rs 10-15 per kg. The large pumpkin is available at Rs 30. Carrots are sold at Rs 40-50 per kg. Eggplant Rs 30-40 per kg, Coriander Rs 40-50 per kg. All kinds of vegetables are sold for 5-10 rupees.

Ahmed Khan, a merchant from Manik Nagar Bazar, said the price of fresh potatoes has dropped like onions. New potatoes, which were sold at Rs 45-50 per kg last week, are now available at Rs 40 per kg. However, the price of old potatoes has risen. He is selling old potatoes at 45-50 rupees.



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