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Wholesalers and retailers say that the price of open palm oil and soybean oil in the capital has risen by at least Tk 10 per liter and the price of all types of rice has risen by Tk 2 per kg in a week.
Although some people have blamed the world market for the rise in oil prices, sellers have been unable to show any “logical reason” for the rise in rice prices.
Jahangir Alam, a grocer in Karwan Bazar, told bdnews24.com on Friday that edible oil prices had been rising abnormally in the wholesale market for four days, which had affected the retail market.
He said palm oil and soybean oil have risen by 10 rupees per liter. Palm oil, which costs Tk 73 at retail, now sells for Tk 64. Soybean oil at Tk 75 is sold at Tk 95.
Jahangir said: “A week ago the Palmwell drum (5 ounces) cost 12,000 rupees, now it is 16,400 rupees. Soybean oil used to cost 15,000 rupees, but now it costs 18,600 rupees. ”
Another shopkeeper next door said that after the price hike, now Super Soybean and Soybean are sold at the same price at Tk 95 per kg. Super is one step behind soy in terms of quality.
Abul Hashem, an edible oil wholesaler and former secretary general of the Wholesale Edible Oil Merchants Association in Maulvi Bazar, Old Dhaka, told bdnews24.com that edible oil prices had risen for a few days last week. Following the increase in prices on the world market, its effect has fallen on the domestic market. However, after the fall in the world market, the price also fell in the country’s wholesale market three days ago.
“Wholesale prices for soybeans and palm oil have risen 25 rupees per quintal or slightly more. Now it has decreased. “
According to the government marketing agency TCB, a week ago, open soybean oil was selling for Rs 74 to Rs 6 per liter, now it is selling for Rs 90 to Rs 93. Palmwell, which was selling for Rs 60, is now selling It sells at a maximum of Rs 74.
In the middle of the second week of September, the price of onion, which was 35 rupees, suddenly tripled to 110 rupees. As a result of the government measure, the price has dropped to Rs 100, but it is being sold for more than double the price. Good quality onions are sold on the caravan market at a price of Rs 80-90 per kg.
In such a situation, the price of rice suddenly rises by at least two rupees per kg for no logical reason.
Monirul Islam Johnny of the Ronnie Rice agency in Karwan Bazar said that the price of pajamas has risen from Rs 45 to Rs 48 in a week. The standard Miniket has increased from Tk 48 to Tk 51. BR Atash has increased from Tk 42 to Tk 44.
Rashid, Mozammel and Biswas and other well-known brands have increased the price of Miniket 50 kg bags from Tk 2,500 to Tk 2,800.
Mohiuddin Harun, a vendor at the Mirpur-1 Wholesale Market, told bdnews24.com that he had heard that the price of rice had risen recently. The millers have increased the price of rice by showing the reason for the increase in the price of rice. In the last week, the price of all types of rice, except aromatic rice, rose from Rs 150 to Rs 200 per bag. At the factory level, Miniket sells for Rs 2,600, pajamas, Can BR Atash at Rs 2,350, and coarse rice at Rs 2,200.
Potato prices have also risen in the commodity market. Potatoes were sold at Rs 40 / kg and a palla (5 kg) at Rs 200 / kg at Karwan Bazar. However, on this day, the potatoes have been sold for 180 rupees per pal. The retail price was Rs 34 per kg.
Due to floods and heavy rains, vegetables have been sold at high prices for almost three months. Most of the vegetables on the market now cost between Rs 60-80 per kg.
In recent weeks, chichinga is being sold at Rs 60 per kg, lati at Rs 50 per kg, shrimp at Rs 60 per kg, beans at Rs 150 per kg, dhundal at Rs 50 per kg and patal at Rs 50 per kg.
Over the past two weeks, new flower prints and bound copies have been sold at Tk 80 each. But now it sells for 50 rupees less than 10 rupees.
Like last week, this week hen’s eggs from the farm are selling for Rs 110 per dozen, Laughter Eggs for Rs 150. The price of broiler chicken is Rs 125 per kg, layer Rs 230-240, domestic chicken is demanded at Rs 450 per kg.
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