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Ginger price skyrockets

More items join price hike race
Ginger price has jumped to Tk 65-70 a kilogram from last wcck'sTk40-42.
Meanwhile, farm chicken price marked another round of rise and was selling at Tk 75 a kilogram in different kitchen markets yesterday.
Meat, eggs, sugar, dry chilli, pilau rice, fish and vegetables also joined the price hike race in the last one week. Prices of items like soyabean oil, onions, atta (flour), pulses and powdered milk which marked steady rise showed no sign of easing.
However, prices of different varieties of common rice remained steady.
The government recently reduced duty on import of soyabean and powdered milk but it failed to make any impact on the markets.
Traders at city markets could
not give any satisfactory reasons for sudden rise in ginger price. Many however, attributed it to the import factor. At this time of the year the country depends on import of items from India, Myanmar and other countries, they said.
But consumers would not be convinced, as Akbar Hossain at Karwan Bazar remarked, "These are all ploy to justify price hike. The market has gone totally out ofcontrol."
Sajeda Ahmed said, "Price hike does not surprise us anymore. Rather we will be surprised if price of any item goes down".
In most city markets yesterday farm chickens were selling atTk 75 a kilogram, up from last week's Tk 65. Farm chicken prices fell to Tk 40 a kilogram in February due to bird flu fear.
But it returned to its earlier price ofTk 65 in the first week of March.
"Price will go up further by the month-end", said Salauddin, owner of Bismillah Chicken House at Maghbazar Charulata kitchen market.
A large number of small fanners had to shut their business in February, he said, adding that the big farms are now cashing in on it by monopolis -ingsupply.
The situation pushed up meat and fish prices. Beef was selling at Tk 100-110 a kilogram in place of Tk 90-100 and mutton atTk 180 instead ofTk 150.
Fall in supply of local varieties added to the rising fish prices. Local ruhi was selling at Tk 170-180 a kilogram which was Tk 150-160 two weeks ago and Tk 100-120 during winter. Imported varieties rose to Tk 130-140 from Tk 80-90 just a month ago. Prawn sells at Tk 200-250 per kilogram depending on their sizes. Local cat fish sells at Tk 300-350. All other
varieties of fishes have marked similar rise.
Egg prices went up by Tk 6 per dozen while sugar and pilau rice by Tk 2 and Tk 5 per kilogram respectively.
Soyabean oil still sells at 58-60 a litre. A 5-litre container is priced atTk290-300.
A two-kg pack of atta sells at Tk 34, up from Tk 28 only 2-3 weeks ago. Prices of all types of pulses have gone up by Tk 4-5 and powdered milk is becoming dearer everyday. One kilogram of packed powdered milk now sells atTk 230-240, up by Tk 10-20inaweekorso.
All types of greens and vegetables have also marked rise. Potato now sells atTk 8-10 local beans Tk 12-15, tomato Tk 12-15, cauliflower (medium) Tk 12-15 a piece, radish Tk 18-20, paupa Tk 10, cucumber Tk 15-16, brinjalTk 12-15, green chilli Tk 20-25 and gourd atTk 18-25 a piece.