Welcome to Business Outlook
Related Articles
The prices of soya bean oil have increased up to Tk 130 a litre on the kitchen markets as the prices of the edible oil rose up to Tk 20 a litre in the last one month.
Traders said that the prices of both soya bean oil and palm oil rose in the capital, Dhaka as the prices of the items maintained an upward trend on the international market for the last one month.
The price of soya bean oil increased to $1,220 a tonne from $1,050 a tonne in the last one month while that of palm oil rose to $1,075 a tonne from $930 a tonne on the international market, City Group director Biswajit Saha told New Age on Friday.
City Group is one of the largest edible oil refiners in the country.
Biswajit said that the prices of edible oil had been rising on the international market since October 2020 as the COVID-19 pandemic hampered the production of the item.
Jakir Hossain, a retailer at Karwan Bazar, said that the prices of soya bean oil and palm oil had been increasing almost every day on the wholesale market for the last one month.
The prices of edible oil increased up to Tk 20 a litre in the last one month, he said.
The prices of soya bean oil and palm oil increased by Tk 2-5 a litre over the week ending on Friday.
Unpackaged soya bean oil sold for Tk 110-112 a litre and palm oil sold for Tk 100-105 a litre on the markets on the day.
A one-litre bottle of soya bean oil sold for Tk 125-130 while five litres of packaged soya bean oil sold for Tk 550-600 on Friday.
The prices of sugar also increased by Tk 2 a kilogram over the week and refined sugar retailed at Tk 64-65 a kg while the locally produced variety retailed at Tk 70 a kg.
The prices of rice remained high on the kitchen markets in the capital over the week.
The medium quality variety of rice sold for Tk 55-60 a kg on Friday.
The coarse variety of rice sold for Tk 48-50 a kg, the standard variety of Miniket rice sold for Tk 60-62 a kg and the fine variety sold for Tk 65-70 a kg.
The fine variety of Najirshail rice retailed at Tk 65-70 a kg.
The prices of red lentil decreased by Tk 5 a kg. The coarse variety sold for Tk 65-70 a kg while the medium quality variety sold for Tk 85-90 a kg on the markets on Friday.
The fine variety of red lentil sold for Tk 115-120 a kg on the day.
The price of broiler chicken remained unchanged and the item was selling for Tk 125-135 a kg.
Locally bred hens were selling for Tk 400-500 a kg.
Beef sold for Tk 540-560 a kg while mutton sold for Tk 800-900 a kg in the capital.
The price of potato fell by Tk 10 a kg over the week. The item was selling for Tk 30 a kg on Friday.
The prices of onion decreased by Tk 10 a kg over the week. The local variety sold for Tk 45-50 a kg while the imported variety sold for Tk 30-35 a kg over the week on the markets in the capital.
The price of eggs remained unchanged and the item was selling for Tk 30-32 a hali or four pieces.
The prices of fish remained unchanged over the week.
Rohita sold for Tk 260-350 a kg and Katla for Tk 250-350 a kg, depending on size and quality.
Pangas sold for Tk 130-180 a kg and Tilapia sold for Tk 120-160 a kg.
The prices of garlic remained unchanged over the week. The imported variety retailed at Tk 90-110 a kg while the local variety sold for Tk 100-140 a kg in the capital.
The imported variety of ginger sold for Tk 80-100 a kg while the local variety retailed at Tk 100-120 a kg.
Fine-quality packaged salt retailed at Tk 35 a kg while the refined variety retailed at Tk 25 a kg.
Prices of vegetables remained stable on the kitchen markets over the week.
Aubergine sold for Tk 30-50 a kg, papaya for Tk 30-40 a kg, bitter gourd for Tk 60-80 a kg, okra for Tk 50-60 a kg, bottle gourd for Tk 40-50 apiece, beans for Tk 40-50 a kg, radish for Tk 10-20 a kg, cucumber for Tk 40-60 a kg, cauliflower for Tk 20-25 apiece and cabbage for Tk 25-30 apiece on Friday.
The price of green chilli remained unchanged and the item sold for Tk 100-120 a kg on Friday.
