Prices of rice, edible oil, farm eggs continue to soar

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Economic Reporter :
The prices of rice, edible oil and farm eggs are soaring again in the city markets, although the price of the winter vegetables declined sharply due to the adequate supply.
Prices of most of the seasonal vegetables, leafy, early harvested potatoes, and onion showed a plunge. Only tomatoes and carrots were still much pricier in the market as their harvest was yet to begin in full swing.
Prices of bottled soybean oil of some brands have gone up to Tk 115 per litre while farm eggs were selling Tk 110 per dozens, which was Tk 100 in the previous week.
Meanwhile, the prices of boiled rice are still high. Super Miniket rice was selling at Tk 56-60 per Kg, medium at Tk 50-54 per Kg while Swaran and China Eri were selling at Tk 44-48 per Kg, according to the Trading Corporation of Bangladesh.
Seasonal cauliflower and cabbage were selling at Tk 30-45 a piece, brinjal Tk 30-40 a kilogram (kg), radish Tk 25-35, country bean Tk 30-50 a kg, long yard bean Tk 35-45, cucumber Tk 40-50 a kg, all kinds of leafy at Tk 7.0-20 a bunch, green papaya Tk 30-40, bottle gourd Tk 40-50 a piece, and turnip at Tk 30-40 a kg on Thursday.
Off-season veggies like bitter gourds, pointed gourds, snake gourds, sponge gourds and colocasia stems were static as sold at Tk 50-Tk 70 a kg. Newly harvested potato prices declined to Tk 55-65 a kg while stored potatoes were sold at Tk 43-50 a kg.
Stored tomatoes were selling as high as at Tk 100-110 a kg while newly harvested ripe tomatoes were retailing at Tk 130-140 a kg. Meanwhile, green tomatoes were selling at Tk 50-60 a kg on Friday. Razzaque Ali, a vegetable wholesaler at the Rayerbazar-Beribadh area, said supply has been increasing gradually amid the beginning of harvest in full swing in the hubs.
He said prices also declined notably at farms’ end in Tangail, Manikganj, Narsingdi, Cumilla, Bogura, Rangpur, Dinajpur, Jashore and elsewhere in the country. He said their sales volume has increased as low-income groups have also started buying veggies.
Assistant Director of Department of Agricultural Marketing (DAM) Mojibor Rahman said prices of vegetables will remain cheaper for the next one and a half months if it does not rain.
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