The Bangladesh Trade and Tariff Commission (BTTC) has urged the government to significantly reduce tariffs on onions, potatoes, and eggs to bring down prices by boosting the supply of these essential items through imports
It is peak harvest season, but the price of onion has soared by Tk 10 per kilogram at the capital’s kitchen markets over the last three days.
The prospect of record high onion production is encouraging farmers to expand cultivation, according to the DAE
India's ban on the export of onions has driven up prices of the vegetable for Asian buyers, who are scrambling for cheaper alternatives, particularly as New Delhi is unlikely to lift the curbs before general elections next year.
The prices of onion have shot up despite adequate supply, according to a Bangladesh Trade and Tariff Commission (BTTC) report -- laying bare the extent of market manipulation by a section of dishonest traders.
DNCRP fined four traders in Chattogram Tk 40,000
Prices of onion increased by Tk 100 or more per kg overnight as traders began stockpiling following the news that India had extended a virtual restriction on its export.
Retailers were selling the homegrown variety of onion at Tk 200 a kg at Karwan Bazar today, compared with Tk 130 on Thursday
The government failed to enforce the price cap on onions and potatoes even for a single day since it issued the order about a month ago.
When things hit rock bottom humans have a tendency to find ways to laugh at them. It is related to that ambivalence of a bizarre event when you don’t know whether to laugh or cry.
Amid increased import of onions from Myanmar, prices of the essential cooking ingredient came down a little in the capital’s wholesale markets yesterday, a day after the price skyrocketed following an export ban by India.
The prices of onion, an essential cooking ingredient, will go down in 24 hours because of the government’s measures and for its adequate supply in the market, a member of Bangladesh Tariff Commission (BTC) has assured.
Indian government has imposed an USD 850 per tonne minimum export price (MEP) on onion shipments.
Onion seed farming in the district is gaining popularity as the growers are earning a handsome amount of money from its cultivation.
Onion prices fell yesterday at both retail and wholesale markets due to an increased supply of early harvested onion and India's reduction in the minimum export price.
Onion prices shot up to Tk 120 per kg in the kitchen markets of the city, an average rise of 28 percent from last week.
The prices of onion, an essential kitchen vegetable, are expected to go down within the next two weeks with the arrival of new harvest, bringing a relief to consumers.
Onion prices have come down a little but are still way too high.
The Trading Corporation of Bangladesh (TCB) will start selling onion at Tk 50 per kg across the country from tomorrow ahead of the Eid-ul-Azha.
