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Prices of onion that rose sharply higher and went beyond the reach of commonman came down to a reasonable level before the end of the past week, thanks to government intervention into the market.
Onion prices dropped to Tk 40- Tk 42 per kg on Thursday from Tk 60-Tk 62 per kg previously.
The government took some punitive actions against the hoarders of the essential item and strengthened the vigilance in the markets by law enforcing agencies.
Commerce Minister Altaf Hossain Thursday announced that the stock of onion in the country was 0.2 million tonnes, which is enough to meet the local demand.
The Trading Corporation of Bangladesh (TCB) also resumed the sale of onion in the markets from Friday after a break of two days.
Meanwhile, prices of other essential commodities were selling at their previously high rates in the past week, traders said.
Paari variety of rice was selling between Tk 660 and Tk 670 per maund and BR-28 sold between Tk 640 and Tk 650 per maund at the wholesale market.
Nazirshail rice was selling between Tk 730 and Tk 750 per maund while its coarse variety was selling between Tk 660 and Tk 670 per maund, traders said.
Minicate rice was selling between Tk 850 and Tk 860, Zirashail was selling between Tk 800 and Tk 810, while the BRRI rice was selling between Tk 600 and Tk 610 per maund.
Meanwhile, the L/C, an imported Indian rice, was selling between Tk 670 and Tk 680 per maund.
At the retail markets, coarse variety of rice was selling between Tk 18 and Tk 19, unchanged from the previous week.
The finer varieties of rice at the retail level were selling between Tk 25 and Tk 27 per kg, unchanged from the previous week.
Traders said vegetable prices were steady in the past week. Brinjal was selling between Tk 30 and Tk 32 per kg, Green chilli sold between Tk 30 and Tk 36 per kg, Tomato at Tk 50-Tk 55 per kg and Potato at Tk 10 per kg.
Okra and snake gourd were selling between Tk 20 and Tk 22 per kg, remained unchanged. Ginger prices remained steady in the range between Tk 70 and Tk 80 per kg.
Bitter gourd was selling between Tk 24 and Tk 26 per kg, unchanged from the previous week.
Masur dal, a local variety of lentil, was selling between Tk 48 and Tk 52 per kg while in the retail markets sugar was selling at Tk 40 per kg, remained steady.
Beef was selling between Tk 100 and Tk 110 per kg, unchanged from the previous week.
Edible oil of different brands in five litre containers were selling between Tk 265 and Tk 270, unchanged from the previous week.
In the last week, broiler was selling between Tk 80 and Tk 85 per kg.
One kg packet flour was selling between Tk 19 and Tk 20 per kg while its two kg packet was selling between Tk 38 and Tk 40 in the city markets over the last week, unchanged from the previous week.
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