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Saturday, July 29, 2006

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Prices of edible oil, salt register fresh hike
FE Report
7/29/2006
 

          Prices of salt and edible oil registered hike and the prices of other essential commodities remained unchanged in the city markets over the past week.
Traders said refined salt was selling at Tk 18 per kg compared with its previous rates between Tk 14 and Tk 15 per kg in the city markets.
Talking to the FE, president of the Bangladesh Salt Mills Owners Association (BSMOA) Paritosh Kanti Saha said salt prices of some brands have increased in the local markets as they use modern machinery for refining of the item.
Recently, some mill owners have imported machinery for iodising salt, he said adding as a result, they have to charge an extra price for salt.
"But the prices of all kinds of salt in the markets did not register an increase," Saha told the FE.
He said the annual demand of salt -- industrial and edible together -- is 1.06 million tonnes.
He said during the last week the mill gate price of salt was between Tk 8.0 and Tk 8.50 per kg.
Abdus Samad, a retailer at the city's Kaptan Bazar, said edible oil of different brands in five-litre containers was selling at Tk 285 and Tk 290 each compared with its previous rates between Tk 265 and Tk 270.
At the wholesale level, super fresh palm oil was selling between Tk 1715 and Tk 1720 per maund compared with its previous rates between Tk 1690 and Tk 1695 per maund.
Abul Hashem, a wholesaler at the city's Moulvi Bazar, said palm oil was selling between Tk 1665 and Tk 1665 per maund compared with its previous rates between Tk 1650 and Tk 1655 per maund.
He said soybean was selling between Tk 1815 and Tk 1820 per maund compared with its previous rates between Tk 1790 and Tk 1800 per maund.
"The mismatch between supply and demand and price hike of the item in the international market are mainly responsible for price hike of edible oil in the local markets," Hashem said.
During the last week lentil was selling at Tk 70 per kg, unchanged from the previous week.
At the retail level, price of eggs remained unchanged at Tk 60 per dozen.
Green chilli declined to Tk 80-Tk 100 per kg, unchanged from the previous week.
During the last week potato was selling at Tk 18 per kg, unchanged from the previous week.
At the retail level, the local variety of onion was selling between Tk 24 and Tk 26 per kg while its Indian variety was selling between Tk 18 and Tk 20 per kg, unchanged from the previous week.
Prices of garlic remained unchanged at Tk 60-Tk 90 per kg, traders said,
During the past week sugar was selling between Tk 44 and Tk 46 per kg, unchanged from the previous week.
At the wholesale level, sugar price remained unchanged at Tk 1560 per maund, traders said.
During the past week brinjal was selling at Tk 30- Tk 32 per kg, bitter gourd at Tk 28 per kg, okra at Tk 24 per kg and snake gourd at Tk 26 per kg, unchanged from the previous week.
Traders said broiler was selling between Tk 85 and Tk 90 per kg, unchanged from the previous week.
Traders said prices of different varieties of rice both at wholesale and retail levels remained unchanged during the past week.
Traders at the city's Badamtoli market said Paari variety of rice was being sold at Tk 650 per maund, Lata at Tk 650-Tk 700, Nazirshail at Tk 870, Minicate at Tk 880 and BRRI at Tk 550 per maund at wholesale level.
At the retail level, prices of coarse varieties of rice were unchanged at Tk 18.0-Tk 19.0 per kg while finer varieties of rice were selling between Tk 22 and Tk 28 per kg over the past week.
One-kg packet flour was selling at Tk 21 per kg while its two-kg pack was selling at Tk 42-Tk 44, unchanged from the previous week.
The price of beef remained unchanged at Tk 140-Tk 150 per kg.

 

 
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