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Onion prices in different kitchen markets across Dhaka have gone up from Tk 15 to Tk 20 per kilogramme within just a week, and traders cited a supply shortage amid off season as the reason for this increase.
Traders in several markets are selling a kilogram of local onion for Tk 70 – Tk 80 on Friday, which was Tk 60 – Tk 65 last week. Besides, they are selling the Indian variety of onion for Tk 50 per kg.
Speaking to The Business Post, Karwan Bazar onion trader Md Aminul Islam said, “Due to a shortage of supply, onion prices have jumped in the market. Local onions are being sold for Tk 70-72 in the wholesale market.”
“New onions will arrive at market within the next 10 to 15 days, and the prices will then drop.”
Onions imported from India and Myanmar are currently covering the majority of consumer demand here, traders claimed, adding that the sudden rainfall is also responsible for the price hike of onion in the kitchen market.
In the Mirpur-1 kitchen market, traders are selling local onions for Tk 70 – Tk 80 per kg and the Indian variety is selling for Tk 50 – Tk 52 per kg.
Chicken prices go up too
The prices of chicken have also increased in the local markets. Traders are selling farm chicken for Tk 165 – Tk 170 per kg compared to Tk 140 – Tk 145 last week. They are also selling sonalika chicken for Tk 270 – Tk 280 per kg, which was Tk 265 – Tk 270 last week.
During mid-September of this year, sonalika chicken was being sold for Tk 290 – Tk 295 per kg, but the price later climbed to Tk 310 – Tk 320 in mid-October.
On the other hand, the prices of almost all vegetables have dropped compared to last week in different kitchen markets as the supply of winter vegetables increased in the capital.
Traders are selling beans for Tk 40- Tk 50, which was Tk 55 – Tk 60 per kg in the last week, and green chili for Tk 60, which was Tk 70 per kg in the last week.
On December 5, the state-run Trading Corporation of Bangladesh (TCB) began selling essential commodities to low-income people at subsidised prices on its trucks across the country.
Each consumer can buy a maximum of 2 kg sugar at Tk 55 per kg, 2 kg lentil at Tk 60 per kg, two-litre soybean oil at Tk 110 per litre, and 2 kg – 5 kg onion at Tk 30 per kg from TCB trucks.
