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Prices of sugar, edible oil at the wholesale level and some vegetables at the retail level declined slightly while the prices of other essential commodities remained unchanged in the city markets over the past week.
But at the retail level prices of edible oil remained unchanged while the price of sugar declined.
Abul Hashem, a wholesaler of sugar and edible oil at the city's Moulavibazar said sugar was selling between Tk 1410 and Tk 1415 per maund compared with its previous rates between Tk 1425 and Tk 1430 per maund.
At the retail level the price of sugar came down by Tk 1.0 a kg in the city markets Friday following the decline of sugar price in the international market.
Retailers were found Friday selling a kg sugar at Tk 40-41 as against Tk 42-43 of the previous week.
Bablu, a wholesaler at Karwan Bazar, said the price of sugar had declined by $ 29 per tonne in the week in the international market compared to the previous week. "Now the price of sugar is $410 per tonne," he said.
Bablu also mentioned that three local sugar processing companies have been importing raw sugar and refining it here contributing to the fall in the price.
He, however, said, "We have heard that importers have reduced the soybean price a bit. But still there is no effect on the market."
Hashem of Moulavibazar market said at the wholesale level super palm oil was selling between Tk 1760 and Tk 1770 per maund compared with its previous rates between Tk 1800 and Tk 1810 per maund.
Traders also said price of palm oil remained unchanged between Tk 1720 and Tk 1725 per maund at the wholesale level during the last week.
Hashem said soybean oil was selling between Tk 1850 and Tk 1860 per maund compared with its previous rates between Tk 1900 and Tk 1910 per maund.
At the retail level, edible oil of different brands in five-litre containers was selling at Tk 285 to Tk 290, unchanged from the rate of the previous week.
"Some ships loaded with sugar and edible oil are waiting for unloading at Chittagong port. As a result, the prices of those items have registered a declining trend at the wholesale level," Hashem told the FE Friday.
During the past week brinjal was selling between Tk 20 and Tk 24 per kg compared with its previous rates of Tk 30- Tk 32 per kg.
Bitter gourd was selling at Tk 18 to Tk 24 per kg against its previous rates of Tk 26-Tk 28, okra and snake gourd Tk 18-Tk 20 per kg against Tk 24-Tk 26 per kg while at the wholesale level lentil was selling between Tk 2400 and Tk 2420 per maund, unchanged from the previous week.
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