Edible Oil News in English

Bangladesh : Prices of rice, edible oil, broiler go up

In Dhaka’s kitchen markets, prices of rice, broiler chicken, and edible oil rose, while vegetable and egg prices slightly decreased. Rice prices increased by Tk 2 per kilogram, with coarse varieties selling for Tk 54–62 and fine Miniket at Tk 75–82. Broiler chicken rose by Tk 10, selling for Tk 200-210. Edible oil prices increased by Tk 5-10, with unpackaged soya bean oil at Tk 155-158 per litre. The government removed certain VATs on edible oil to stabilize prices.

The prices of rice, broiler chicken and edible oil increased while that of vegetables and eggs decreased slightly on the kitchen markets in the Dhaka city over the week ending Friday.

Retailers attributed the rising costs of rice, broiler chicken and edible oil to wholesalers and producers.

They also said that producers decreased the wholesale prices of eggs and increased supply on the market.

The prices of rice increased by Tk 2 a kilogram in past one week on the kitchen markets in Dhaka.

The coarse and medium-quality varieties of rice sold for Tk 54–62 a kilogram on Friday.

Lower-grade Miniket sold for Tk 65-70 a kilogram over the week.

The fine variety of Miniket sold for Tk 75–82 a kilogram and Najirshail for Tk 80-90 a kilogram on Friday.

The prices of broiler chicken increased by Tk 10 a kilogram on the city markets and the item sold for Tk 200-210 a kilogram on Friday.

Sonalika variety of chicken sold for Tk 280–310 a kilogram in the city on the day.

The prices of edible oil increased by Tk 5-10 a kilogram on the kitchen markets in the city over the week.

Unpackaged soya bean oil sold for Tk 155-158 a litre while the packaged item sold for Tk 165-170 a litre on the day.

A five-litre bottle of soya bean oil sold for Tk 800-820 on the city markets.

Palm oil sold for Tk 150-155 a litre in the city on Friday.

Refiners said that the prices of edible oil witnessed a sharp rise on the international market in the past two months and they requested the government to adjust the price of the commodity on the local market in line with the international price.

To keep the prices of edible oil reasonable, the government on Thursday announced that the 15 per cent VAT on local production and 5 per cent VAT at the business level for refined soya bean oil and refined palm oil have been removed.

The government also reduced VAT on the import of crude and refined soya bean oil and palm oil from 15 per cent to 10 per cent.

The prices of most of the vegetables decreased on the kitchen markets but the prices still remained high.

Aubergine sold for Tk 100-140 a kilogram, papaya for Tk 40–50 a kilogram, bitter gourd for Tk 90-110 a kilogram, pointed guard for Tk 80 a kilogram, okra for Tk 80-90, string beans for Tk 130-150 a kilogram, teasel gourd for Tk 90-100 a kilogram, ridge gourd for Tk 80-90, snake gourd for Tk 70-80 and tomato for Tk 200-240 a kilogram on Friday.

The prices of green chillies decreased by Tk 200 a kilogram and the item sold for Tk 200-240 a kilogram in the city on the day.

The prices of eggs decreased by Tk 8-10 a hali (four pieces) and the item sold for Tk 50-55 a hali on the city’s kitchen markets on Friday.

The prices of other commodities, including garlic, onions and fish, also remained high on the city markets in Dhaka.

Imported garlic sold for Tk 220–250 a kilogram while its local variety retailed at Tk 230–240 a kilogram on Friday.

Local variety of onions sold for Tk 120-130 a kilogram while the imported item sold for Tk 110-120 a kilogram on Friday.

Rohita sold for Tk 300–450 a kilogram and Katla for Tk 300–450 a kilogram, depending on size and quality.

Pangas sold for Tk 210–230 a kilogram and Tilapia for Tk 220–230 a kilogram on Friday.

The coarse variety of red lentil sold for Tk 105-110 a kilogram and the medium-quality variety for Tk 115–120 a kilogram on Friday.

The price of fine variety of red lentil remained high and the item sold for Tk 135–140 a kilogram on Friday.

Source Link : https://www.newagebd.net/print/post/248079

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