They backtracked from the decision after the government promised to address their 10-point demand
The price of eggs dropped yesterday as the supply increased in the capital’s kitchen markets, with some shops starting to follow government-fixed rates.
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
price of each egg at farm level has fallen by between Tk 3 to Tk 3.5 in one month
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.
The government has allowed six companies to import six crore pieces of eggs.
Potatoes, eggs and onions are not being sold at the price fixed by the government at the retail level despite government agencies conducting raids.
Prices of onions, potatoes, and eggs continue to remain unstable
The commerce ministry’s price cap on onions, potatoes, and eggs barely made an impact on the runaway prices as shopkeepers in the capital have not complied with the order.
They backtracked from the decision after the government promised to address their 10-point demand
The price of eggs dropped yesterday as the supply increased in the capital’s kitchen markets, with some shops starting to follow government-fixed rates.
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
price of each egg at farm level has fallen by between Tk 3 to Tk 3.5 in one month
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.
The government has allowed six companies to import six crore pieces of eggs.
Potatoes, eggs and onions are not being sold at the price fixed by the government at the retail level despite government agencies conducting raids.
Prices of onions, potatoes, and eggs continue to remain unstable
The commerce ministry’s price cap on onions, potatoes, and eggs barely made an impact on the runaway prices as shopkeepers in the capital have not complied with the order.
Bangladesh’s egg market used to be largely ruled by thousands of small retailers and wholesalers, but the composition of sellers has been changing for the past several years with the emergence of large corporates and poultry industry giants.
