Staple prices record notable fall

Staple prices record notable fall

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The prices of different kinds of rice have declined by Taka 5 to 8 in per kilogram across the country.

With government’s initiatives, including running of open market sale (OMS) in the city and district, conducting mobile courts and possibility of bumper Aman production, the price of different kinds of rice is now on the downtrend across the country.

In Chittagong per kilogram of coarse rice now has been sold Taka 32 in Khatungonj wholesale market, which was sold at Taka 35 in last two months, said Nurul Alam Master, rice importer and Vice President of Khatungonj Businessman Association.

He told BSS that prices of essential commodities, mainly rice have shown an upward trend in the past several months due to price hike in international market.

Nurul Alam also said that in recent weeks the price of rice decreased after stern action of the government including drive against hoarders,
opening of Open Market Sale (OMS) at fair price and selling essential food items to the lower and lower-middle income groups.

Retail traders blamed the syndication for increasing price of rice. Sayed Alam, a retail trader of Khatungonj, told BSS that the syndication is mainly responsible for increasing rice price.

Our Khulna Correspondent reports that in a span of week, the price of rice has been decreased by Taka 4 to 5 per kilogram in the south-west region.

The price of rice has been increased Taka 10 to 15 per kg in the past one and half month or so in the wholesale markets.

Haji Munir Ahmed, President of Khulna Paddy and Rice Wholesale Business Association told BSS today that price of rice has been decreased Tk 4-5 in last five days and will come down more day by day.

“Huge stocks in government warehouses, several ships reached with
imported rice at Mongla Port, drives against rice hoarders and possibility of bumper Aman paddy production will bring down rice price,” he said.

Wholesalers at Borobazar rice market said LC rice is now being sold at Tk 45, gut swarna at Tk 43, miniket at Tk 52 and nazirshail at Tk 54 per kilogram.

While talking to BSS, President of Khulna Chamber of Commerce and
Industry (KCCI) Kazi Aminul Haque, said that a section of greedy rice millers and some business syndicates have hiked the price through creating artificial crisis with the hope extra benefit.

Additional Deputy Commissioner (ADC) Zahangir Hossain told BSS, five teams are continuing mobile court operation against hoarding of rice in the district including the city.

Khulna Regional Food Controller (RC-Food) SM Mohsin told BSS today a total of 40,000 tons rice remain stored at government warehouses in Khulna division.

“Price of rice has already been decreased and would be decreased day by day,” he added.

In Rangpur, the market price of rice declined by Taka 5 to 8 per kg in
last one week following effective implementation of various steps taken by the government and beginning harvest of early Aman rice varieties.

“The rice price marked fall following stronger market monitoring system, open market sale (OMS) and import of huge rice,” said Senior Vice-president of Rangpur Chamber of Commerce and Industry Mostoba Hossain Ripan.

Talking to BSS, rice trader Mizanur Rahman at Rangpur City Bazar said
course variety rice is being sold at Taka 40 per kg, miniket at Taka 55, BRRI dhan28 at Taka 52, swarna at Taka 45 and najirshail rice at Taka 62 per kg.

Rice importer Alhaj Moyen Uddin said he imported 5,000 tonnes of rice from India in recent weeks and marketed those locally.

Our Barisal correspondent reports: Prices of different kinds of rice have declined by Taka 7 to 8 in the span of couple of weeks.

Wholesale and Retail Rice Business Association Vice-President Swapan Dutta and Secretary Md Faruk Alam said a sack of 25 kilogram rice was sold at Taka 1,500 in couple of weeks ago but now per sack rice is being sold at Taka 1,275 to 1,300.

In Sylhet, price of rice also decreased by Taka 5 to 8 per kilogram and up to Taka 400 in sack of 50 kilogram.

Rice wholesalers said Indian LC rice is being sold at Taka 35 per kg now which was being sold at 43 two weeks ago.

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