Re: Bangladesh March 30 +
Re: Bangladesh March 30 +
Prices of poultry birds, eggs decline
FE Report
3/31/2007
Prices of vegetables, potato, onion, poultry birds, lentil, ginger, garlic and eggs declined and the prices of beef increased while the prices of other essential commodities remained unchanged in the city markets over the past week, traders said.
Traders said prices of the essential commodities registered a declining trends in the city markets mainly due to strengthening of the market monitoring by the members of the law enforcing agencies and selling of goods by the Bangladesh Rifles (BDR) in the city at reasonable prices.
The traders said the supply chain of the essential commodities is also being restored as the panicky situation in the markets has gone following confidence-building measures among the businessmen by the members of the law enforcing agencies.
The businessmen started their normal activities after announcement by the government that the genuine businessmen would not be harassed during the drive against the corrupt people.
"As a result, the opening of letters of credit (LCs) for importing essential commodities increased significantly in recent times," said a wholesale trader at the city's Moulvi Bazar while talking to the FE Friday.
During the last week in the vegetable markets brinjal was selling at Tk 14-Tk 16 per kg compared with its previous rates at Tk 18-Tk 24 per kg. Bean was selling at Tk 14-Tk 16 per kg compared with its previous rates at Tk 18-Tk 22 per kg, traders said.
Traders said bitter gourd was selling at Tk 16-Tk 18 per kg compared with its previous rates at Tk 22-Tk 24 per kg. Tomato was selling at Tk 12-Tk 14 per kg compared with its previous rates at Tk 14-Tk 16 per kg.
Traders said green chilli was selling at Tk 32-Tk 36 per kg compared with its previous rates at Tk 44-Tk 48 per kg,. Carrot prices remained unchanged at Tk 16-Tk 18 per kg.
Traders said prices of potato declined to Tk 14 per kg compared with its previous rates at Tk 15-Tk 16 per kg.
During the last week onion was selling at Tk 18-Tk 20 per kg compared with its previous rates at Tk 20-Tk 24 per kg.
Medium-size cabbage and cauliflower were selling at Tk 12-Tk 15 each, at the city's kitchen markets, unchanged from the previous week.
Traders said poultry bird (broiler) was selling at Tk 80-Tk 90 per kg compared with its previous rates at Tk 100-Tk 110 per kg.
Traders said prices of poultry birds declined in the local markets due to detection of bird flu in the country.
At the retail level, lentil was selling at Tk 64 per kg compared with its previous rates at Tk 68-Tk 72 per kg, traders said.
Traders said ginger was selling at Tk 26-Tk 30 per kg compared with its previous rates at Tk 35-Tk 40 per kg.
During the last week at the retail level egg was selling Tk 48 per dozen compared with its previous rate at Tk 60 per dozen.
Traders said garlic was selling at Tk 40-Tk 60 per kg compared with its previous rates at Tk 90-Tk 100 per kg.
Traders said beef was selling at Tk 170-Tk 180 per kg compared with its previous rate at Tk 160 per kg.
Market operators said beef prices increased in the markets mainly due to increase in consumption following detection of bird flu in poultry birds.
During the last week at the wholesale level prices of Indian variety of Swarna remained unchanged at Tk 700-Tk 710 per maund, Paari at Tk 750-Tk 760 per maund and Lata at Tk 880 per maund.
Prices of IRRI variety of rice remained unchanged at Tk 720 per maund, Nazirshail from Savar at Tk 820 per maund, Nazirshail from North Bengal at Tk 900 per maund at wholesale level over the past week.
Minicate variety of rice was selling at Tk 980-Tk 1000 per maund, unchanged from the previous week.
During the last week at the retail level packaged coarse flour was selling at Tk 27-Tk 28 per kg, unchanged from the previous week in the city markets.
Traders said during the last week the prices of edible oil declined slightly at wholesale level mainly due to increase in supply of the item in the local markets.
At the wholesale level prices of soybean oil remained unchanged at Tk 2420-Tk 2430 per maund, super palm oil at Tk 2000-Tk 2010 per maund and palm oil at Tk 1980-Tk 1990 per maund, traders said.
At the retail level, the prices of five-litre containers of edible oil of different brands remained unchanged at their previous high at Tk 340-Tk 350 during the past week.
During the last week, at the wholesale level sugar was selling at Tk 1090 per maund, unchanged from the previous week. At the retail level sugar was selling at Tk 34-Tk 36 per kg, unchanged from the previous week.
Traders said prices of refined salt remained unchanged at Tk 18 per kg.