• 26 gold bars seized at Ctg airport; 2 held
  • French army kills 11 militants in Mali anti-terror operation
  • India returns 27 Bangladeshis
  • Rival protests as Egypt marks uprising anniversary
  • Drug thieves, trader held at DMCH
  • 6.1-magnitude quake strikes off Indonesia's Java
  • Measles-rubella vaccination campaign begins
  • Stephen Hawking says black holes don’t exist
  • Yemeni citizen dies at Ijtema
  • Asian countries talk up ASEAN at Davos chat
  • BNP needs Jamaat to survive politics: AL
  • Stern action against attackers: PM
  • Provocative remarks might block dialogue: BNP
HOME  BUSINESS
  
Print Friendly and PDF

Rice prices mark fresh rise

Staff Correspondent

Sacks filled with different varieties of rice are seen at Kaptan Bazar in Dhaka on Friday. The prices of coarse and fine varieties of rice marked a fresh rise on the retail markets in the capital over the week ending Friday. — Focusbangla photo Sacks filled with different varieties of rice are seen at Kaptan Bazar in Dhaka on Friday. The prices of coarse and fine varieties of rice marked a fresh rise on the retail markets in the capital over the week ending Friday. — Focusbangla photo

The prices of coarse and fine varieties of rice marked a fresh rise on the retail markets in the capital over the week ending Friday.
The retailers are blaming the wholesalers for the increase of rice prices while the wholesalers are putting blame on supply shortage and high transportation cost.
The prices of coarse and fine varieties of rice increased by Tk 2 a kilogram on retail markets in the city on Friday.
The fine varieties of miniket were selling at Tk 48-Tk 52 a kg while its coarse varieties were retailing at Tk 44-Tk 46 a kg.
The price of BR-28 also increased by Tk 2 a kg and was selling at Tk 42 to Tk 44 and coarse varieties of parija was selling at Tk 40-Tk 41 a kg.
Zakir Hossain, a retailer at Karwan Bazar, told New Age on Friday that the wholesalers were behind the increase the rice prices.
‘We have been forced to increase the rice prices every week in recent period as the wholesalers are charging additional prices,’ he said.
Though the transport cost has decreased significantly in last two weeks with the improvement of political unrest, the wholesalers are still increasing the rice prices in the name of high transport cost.
Salim Uddin, a wholesaler at Shyam Bazar, said the prices of BR-28 and miniket increased due to supply shortage as the harvesting season of the paddy had ended nine months ago.
‘Rise in transportation cost also pushed the rice prices high as truckers increased their fare more than 50 per cent due to the political turmoil,’ he said.
Replaying to a question, Salim said truck fare decreased a bit but still remained higher than the usual trend.
Sharafat Hossain, a consumer who is a college teacher by profession, while talking to New Age, said: ‘As consumers, it is less important for us whoever is to blame for the increase of rice prices. But the hike is really hitting hard the fixed- and low-income people.’
‘Now a normalcy in transportation is prevailing across the country but the traders showing the same excuse of rise in the transportation cost. It is simply unacceptable,’ Sharafat said.
He demanded government monitoring in the rice market for the improvement of situation.
The prices of other commodities remained stable in the market over the week.
Bean was retailing at Tk 20-Tk 40 a kg, cauliflower at Tk 25 a piece, cabbage at Tk 20 a piece, aubergine at Tk 30-Tk 50 a kg, bitter gourd at Tk 40 a kg, cucumber at Tk 40 a kg, carrot at Tk 30 a kg, tomato at Tk 30 a kg, radish at Tk 15 a kg and papaya at Tk 15 a kg on the day.
The price of bottled soyabean oil (five litres) remained unchanged and it was selling at Tk 575-Tk 585 on the city’s kitchen markets. The unpacked soyabean oil was retailing at Tk 112-Tk 115 a kg.
The price of the imported onion decreased by Tk 5 a kg and it was selling at Tk 25 a kg on Friday while the local item was selling at Tk 30 a kg.
Broiler was selling at Tk 130-Tk 140 a kg on Friday while the locally-breed hens were selling at Tk 200-Tk 300 a piece of 800 grams to a kg. The price of egg remained unchanged and it was selling at Tk 26-Tk 28 a hali (four pieces) on Friday.
The price of local red lentil remained unchanged and the item was retailing at Tk 108 a kg on Friday.
Potato was retailing at Tk 10-Tk15 a kg and sugar was selling at Tk 48-Tk 50 a kg.
Fish prices remained almost unchanged over the week.
Rohita was selling at Tk 200–Tk 350 a kg on Friday, pangas at Tk 100–Tk 150 a kg and tilapia at Tk 150–Tk 180 a kg, depending on their size and quality.
The prices of beef and mutton remained steady.
Beef was selling at Tk 270 to Tk 280 a kg and mutton at Tk 450 a kg on Friday.




Reader’s Comment

comments powered by Disqus
   

Rice prices mark fresh rise

Sacks filled with different varieties of rice are seen at Kaptan Bazar in Dhaka on Friday. The prices of coarse and fine varieties of rice marked a fresh rise on the retail markets in the capital over the week ending Friday. — Focusbangla photo
The prices of coarse and fine varieties of rice marked a fresh rise on the retail markets in the capital over the week ending Friday. The retailers are blaming the wholesalers for the increase of rice prices... Full story

DITF sees surge of visitors on weekly holiday

Visitors crowd the entrance of the Dhaka International Trade Fair at Sher-e-Bangla Nagar in Dhaka on Friday. — New Age photo
The Dhaka International Trade Fair-2014, which began on January 11, witnessed a large number of visitors on Friday, the second weekend after the start of the country’s biggest trade show. Visitors, particularly... Full story

TCB to import 1,500 tonnes of lentils eying Ramadan

The Trading Corporation of Bangladesh has recently floated a tender to import 1,500 tonnes of lentils as part of efforts to secure food supplies for the Muslim’s fasting month of Ramadan, a senior official at the state buyer said on Thursday. Full story

Weakness in Asian economies seen persisting in 2014

Emerging Asian economies will contribute less to global growth in 2014 than earlier expected even as their major trading partners in the West show signs of recovery, a Reuters poll showed on Friday. From China... Full story

Turkey lira at new lows despite central bank action

The Turkish lira broke through the key barrier of 2.3 to the dollar on Friday despite massive central bank intervention on foreign exchange markets the day before. The currency sank to 2.3084 against the... Full story

Fear of China ‘hard landing’ stalks Davos

The risk of a hard landing for the economy in China as well as the threat of military conflict with Japan stoked fears at the World Economic Forum in Davos on Friday. Days after the world’s second-largest... Full story

BRICS insist economies still strong despite turbulence

Ministers from the BRICS economies defended their growth prospects on Thursday despite waves of turbulence caused by the tightening of monetary stimulus in the US and concerns about a potential cash crunch in China. Full story

Eurozone activity hits 31-month high

Business activity in the eurozone private sector hit a 31-month high in January as a modest recovery gathered pace across the region, a key indicator showed on Thursday. Analysts cautioned however that the... Full story

Argentina crisis deepens as peso dips 11pc

Argentina’s currency crisis worsened dramatically Thursday as the peso plunged 11.1 per cent against the US dollar, its depreciation picking up pace in the sharpest one-day fall since 2002. Amid growing capital flight, the... Full story

Samsung posts steep drop in Q4 operating profit

South Korea’s Samsung posted its first fall in quarterly profit in two years Friday, due to a one-off bonus, a strong won and slowing sales of high-end smartphones offered by the world’s largest electronics group. Operating profit stood at 8.3 trillion... Full story

Vietnam inflation up in January

Vietnam’s monthly inflation rate picked up slightly in January, official data showed Friday, with consumption rising as the country prepares to celebrate the lunar new year holiday. Month-on-month, consumer... Full story

Asian shares suffer after Wall St losses

Asian markets sank Friday, extending the previous day’s losses after disappointment on Wall Street over data showing the first fall in Chinese manufacturing activity in six months. Japan’s Nikkei share index... Full story

Dollar edges up in Asia

The dollar edged up against the yen in Asia on Friday after plunging on weak Chinese data which sparked worries over emerging markets. In Tokyo afternoon trade, the dollar fetched... Full story

Oil prices supported by dip in US distillate supplies

Oil prices edged higher in Asian trade Friday as a surprisingly sharp decline in US distillate supplies last week buoyed forecasts of stronger demand in the world’s top crude consumer, analysts said. New York’s main... Full story
  • Online Poll


    Do you think that the government has successfully brought back normalcy in public life after the January 5 elections?

    • Yes
    • No
    • No comment
    Ajax Loader