Dhaka, Nov. 5 -- Onion prices have surged to as high as Tk 120 per kilogramme in Dhaka and other major cities within just two days, fuelled by crop damage from heavy rainfall and the continued suspension of imports from India.
Retail prices, which stood at Tk 80-85 per kg late last week, soared to Tk 100-110 on Monday, with some city markets charging as much as Tk 120, marking a steep increase of more than 30 per cent.
Wholesalers and traders say the sudden spike reflects a sharp drop in supply from key growing regions, where heavy rains have inundated fields and delayed harvesting.
Onion prices in the wholesale hubs of Shyambazar in Dhaka and Pabna rose to Tk 90-105 per kg, up from Tk 72-85 over the weekend.
Traders attributed the ri...
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