Onion dearer amid record output, cheaper imports
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Dhaka, Oct. 18 -- Onion prices have witnessed a notable hike in the last three days after remaining steady for almost two months raising consumer woes further.
But the spice has showed a Tk 5.0-15 or 15-per cent hike per kg on average during the period, according to the trading corporation and city groceries.
Market experts termed the sudden hike by such a large margin abnormal amid a good local harvest and comparatively low import costs, suggesting intervention of the monitoring agency.
Wholesalers and retailers, however, passed allegations to each other for these soaring prices.
Locally produced onion retailed at Tk 55-65 a kg which was Tk 45-50 earlier, according to kitchen markets and groceries in Dhaka city.
Imported Indian onio...
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