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The surge in commodities is continuing

by Analysis Team
May 29, 2022
in Commodity, Consumer & Retail
0
Rice includes egg, chicken price shot up simultaneously

The unpredictable market shows no signs of slowing down, and ordinary consumers are already feeling the effects of rising commodities prices. Beef, eggs, legumes, packaged whole wheat flour (atta), rice, and vegetables have all seen price increases in the capital in the last week.Rice prices increased by Tk2 per kilogram, while the price of a one-kg packet of atta increased by Tk5-6. The current increase in atta prices came after the Indian government banned wheat exports on May 14th.

Beef sold for Tk650 per kilogram last week. It was selling at Tk700 on Friday. The price of chicken has remained unchanged from the previous week. Sonali hens were selling for Tk300-310 per kilogram yesterday, whereas local chicks were selling for Tk600 per kilogram. Broiler chickens cost Tk160 per pound. 

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The price of Miniket rice has risen by Tk3 to Tk68 per kg in the retail market. On the other side, Nazirshail rice was selling for Tk70 a kg on Friday, while BR-28 rice was selling for Tk52. Vegetable prices in the market have risen by Tk5 per kg in the last week.Tomatoes were Tk80 per kg on Friday, pointed gourd was Tk60 per kg, cucumber was Tk60 per kg, and green chilli was Tk100 per kg.

The Business Standard

Analysis Team
Author: Analysis Team

Tags: CommoditiesCommodityConsumer & retailConsumersIndustry Insight
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