Price of chillies, other essentials sliding back to normal in Dhaka

Image
IANS Dhaka
Last Updated : Sep 20 2016 | 2:57 PM IST

The price of chillies which had almost shot up to twice normal in the Bangladesh capital during the Muslim festival of Eid is slowly sliding back, a market survey has revealed.

A wholesaler of chillies said the indigenous variety of chillies was being sold at Tk 100 to 120 a kilo while the Indian variety was selling at Tk 80-90 a kilo, bdnews.com reported.

Bangladeshi Taka 100 is equal to Indian Rs 85.60.

The supply of Indian chillies will further push the price of the commodity down, traders said.

Hilsa fish and salt, the two other commodities that exhibited a price hike during the festival period, are also expected to sell at normal prices soon, according to traders.

"Salt price is expected to come down. We are, therefore, maintaining a low stock of the commodity," said a salt trader from Karwan Bazar, in Dhaka.

Despite a difference of Tk 50-100 in market price, Hilsa is still within the reach of the common man, as 800 gram of the fish is selling at Tk 600-650 at the Mohammadpur Agricultural Market, Tk 500-550 at Karwan Bazar and Tk 550-600 at Mohakali Market.

Mohammadpur Agricultural Market fish trader Anwar said the Hilsa price would continue to be low till September 29 after which the catching of Hilsa fish would be prohibited.

--IANS

sm/dg

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 20 2016 | 2:44 PM IST

Next Story