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Onion joins price hike race

Staff Correspondent
The prices of local and Indian onions increased by Tk 2 -3 per kg in wholesale and retail markets during the last two days.
Prices of brand soya bean oil and fish also rose further in kitchen markets in the capital while prices of rice, chicken and pulses remained stable after a steady increase last week.
Different varieties of local onions were selling between Tk 20 and Tk 24 a kg yesterday while the Indian verities were selling between Tk 15 and Tk 18 per kg in retail markets.
In the wholesale markets, prices of local onions were between Tk 18 and Tk 22 per kg and the prices or Indian onions were between Tk 14 andTkl5perkg.
Dulal Uddin, an onion trader of Pabna, told The Daily Star that the hoarders stockpiled onions for two weeks pushing the price upwards. He said he was selling local onions at Tk 16-20 per kg in the wholesale market of Karwan Bazar two days ago.
During a visit to Karwan Bazar, The Daily Star correspondent saw bad onions being sold from different wholesale and retail shops. Many traders claimed the hoarders were getting rid of onions that have gone bad due to the scorching heat and they have started collecting fresh onions from farmers to stockpile and keep prices high.
Prices of brand soya bean oil went up byTk 10 per litre in retail markets in the city during the last five days.
Traders said the distributors on April 20 told them that the prices of soya bean oil would go up byTk 10 per litre and the traders hiked the price from April 21.
A five-litre container of brand soya bean oil was selling at Tk 564 yesterday while a 900ml container was selling at Tk 112 in retail.
Prices of different fishes continued to go up. The prices of all types of fish increased by Tk 10-20 per kg in retail markets of the capital, fish traders said.
Even though the supply offish at different markets was smooth, traders said tire hike was due to the season coming to an end.
The prices of coarse verities of rice remained between Tk 34 and Tk 38 per kg while the price of finer rice saw a slight drop. It was selling between Tk 40 and Tk 45 per kg in retail markets yesterday.
The price of battery chicken in retail remained between Tk 115 and Tk 125 per kg while the prices of free-range chicken remained between Tk 90 and Tk 220 as per their size.
Pulse of different qualities was selling between Tk 80 and Tk 100 per kg in retail.