Faridpur, Aug. 8 -- Onion prices in Faridpur have surged by Tk 1,000 per maund over the past 10 days due to reduced supply in the market, affecting retail customers.
According to Md Shaheduzzaman, Deputy Director of the Department of Agricultural Extension (DAE) in Faridpur, the district is the second-largest onion-producing region in the country.
This year, a total of 38,000 hectares of land were brought under onion cultivation, yielding 6.77 lakh metric tonnes.
Farmers, however, were frustrated as they received only Tk 1,000 to Tk 1,500 per maund during the season, while they needed Tk 2,000-2,200 per maund to break even and make a profit.
In the past 10 days, the price of onion in the wholesale market has risen from Tk 1,500 to Tk ...
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