Saturday, December 21, 2024

Consumers deprived of price fall benefit of edible oil

The price of soya bean oil decreased by Tk 20 a litre in last three months but most of the consumers are not getting this facility as the tagged prices, in most cases, remain high.
Most of the small shop owners, even some of the mega shops, have been ignoring the decreasing price and retailing soya bean oil at the previously tagged price, consumers have alleged.
The price of soya bean oil started to decrease since Ramadan and up to September 19 the price of the item decreased in four times, Bishwajit Saha, general manager of the City Group, told New Age on Friday.
He said that the prices of bottled soya bean oil (five litres) decreased near about Tk 100 per bottle in last three months as the companies adjusted the local price as per the international price.
Bishwajit said that there might remain some products in the market with previous tagged price as it was not possible to replace the old products in short time with new tag.
But the retailers should not charge money as per the previous tag because the companies have already adjusted the price cutting down the additional cost, he said.
Bishwajit said, ‘We have already replaced most of our products in the market with new tag and we will soon withdraw the products from markets with old tag.’
The companies have adjusted the price of the products as per the international market but they cannot control shop owners, he said.
The companies tagged the price of Teer soya bean oil (five litres) at Tk 580 and Rupchanda at Tk 605.
Before Ramadan the prices of Teer and Rupchanda branded soya bean oil was at Tk 655 and Tk 670 respectively.
Though the price of Teer soya bean oil is tagged at Tk 580 and Rupchanda is at Tk 605 but the items were selling at Tk 570 and Tk 580 respectively at Karwan Bazar on Friday.
But a good numbers of retailers in the city including Mirpur, Banasree, Gulshan, Banani have been retailing soya bean oil at previously tagged prices between Tk 630 to Tk 650.
Meanwhile, the prices of vegetables and onion remained high in the city’s markets over the week ending Friday.
Green chilli price increased by Tk 20 a kilogram and it was selling at Tk 100 a kg on the day.
Aubergine was selling at Tk 50-Tk 60 a kg, okra at Tk 50 a kg, bitter gourd at Tk 60 a kg, papaya at Tk 20 a kg and bean at Tk 80 a kg on Friday.
The price of onion remained high and the local onion was retailing at Tk 75 a kg while the item imported from Pakistan and Myanmar was retailing at Tk 70 a kg.
Onion imported from India was selling at Tk 85 a kg on Friday.
The price of garlic remained unchanged. The imported garlic was retailing at Tk 80 a kg while the local garlic at Tk 90 a kg on the day.
The prices of fish remained stable on the retail markets.
Rohita was selling at Tk 250–Tk 300 a kg on Friday, pangas at Tk 180–Tk 250 a kg and tilapia at Tk 160–Tk 200 a kg, depending on their size and quality.
Hilsa weighting about 700-800 gram was selling at Tk 350-Tk 400 a kg. Hilsa weighing around 1kg was selling at Tk 550-Tk 600 a kg on Friday.
The price of broiler remained unchanged and it was selling at Tk 125-Tk 130 a kg over the week.
The prices of beef and mutton remained unchanged. Beef was selling at Tk 280-Tk 300 a kg and mutton at Tk 450 a kg on the day.
Sugar was retailing at Tk 44-Tk 46 a kg on the city’s retail markets.
Unpacked soya bean was retailing at Tk 115 a kg and super palm oil at Tk 80 a kg over the week.
Red lentil, imported from Turkey and Canada, was selling at Tk 75–Tk 85 a kg. The fine variety of red lentil called ‘kangaroo’ was selling at Tk 120 a kg while the local variety of red lentil was selling at Tk 115 a kg.
The price of egg remained unchanged and it was selling at Tk 32 a hali (four pieces).
Ginger price remained unchanged and it was selling at Tk 140 a kg on the day.
The price of potato remained stable and the item was selling at Tk 18 a kg on Friday.
Rice prices remained steady. Fine varieties of miniket and najirshail were selling at Tk 46-Tk 48 a kg and Tk 52-Tk 54 a kg respectively, BR-28 at between Tk 40 and Tk 45 a kg and coarse varieties at Tk 34 a kg in the city’s retail markets on Friday.

-With New Age input

Related News

Walton receives orders amounting Tk 350 crore at ATS Expo

Business Desk : dhakamirror.com Walton received orders worth around Tk 350 crore from various local and foreign companies at the “Advanced Technology Solution-ATS Expo 2024”, the country’s sole industrial expo organised by tech-giant Walton. SM Mahbubul Alam, managing director of Walton Hi-Tech Industries, provided the disclosure at the event’s closing ceremony. The three-day expo ended ... Read more

Big price drop on Walton desktops, extra 10% off for online orders

Business Desk : dhakamirror.com Walton Digi-Tech Industries Limited, the leading technology product manufacturing and marketing company in Bangladesh, has come up with a huge price drop on its desktop computers. This attractive price drop is applicable on the company’s AMD Ryzen™ processor-powered Avian series desktops. Under this, customers are enjoying a minimum price drop of ... Read more

bKash wins Mastercard Excellence Awards

Business Desk : dhakamirror.com bKash, the largest mobile financial service (MFS) provider in Bangladesh, recently won an award at the “Mastercard Excellence Awards” in recognition of its exceptional contributions to advancing financial inclusion and fostering a robust digital economy. The MFS provider was awarded by the US-based digital payment provider in the digital business category ... Read more

Dhaka resident buys Marcel fridge, wins car

Business Desk : dhakamirror.com Anisur Rahman, a resident of Uttarkhan, Dhaka, became the first lucky winner of a brand-new car under Marcel’s Digital Campaign Season-21, after purchasing a Marcel refrigerator. This campaign offers customers a chance to win a free car or assured gifts with the purchase of Marcel refrigerators, air conditioners, washing machines, and ... Read more

Banglalink teams up with Vivo to provide special data deals for youth

Business Desk : dhakamirror.com Banglalink, the country’s innovative digital operator, has partnered with vivo to launch a data offer specifically designed for tech-savvy youth. This collaboration aims to provide more convenient access to various digital services and exclusive content. Aligned with the ‘Youth’s Choice Smartphone’ proposition, Banglalink is offering 18GB of free data with the ... Read more

Emirates adjudged Best Airline in the World at the ULTRAs 2024 Awards

Business Desk : dhakamirror.com Emirates has once again been honored with the title of ‘Best Airline in the World’ at the esteemed ULTRAs 2024 Awards. Recognized by thousands of travelers worldwide, the airline stood out for its outstanding products, innovative services, and exceptional value-for-money experiences. Thierry Aucoc, Emirates Senior Vice President Commercial Operations in Europe ... Read more

Remittance rises in Oct, SOBs log larger share

Business Desk : dhakamirror.com Remittance inflow to Bangladesh increased by more than 21 per cent in October compared with that in the same month in the past year, as expatriates favoured official channels, mainly state-owned banks, following a significant political shift in the country on August 5. Bangladesh Bank data showed that remittance inflows reached ... Read more

Oppo celebrates tenth anniversary in Bangladesh with O Fans festival

Business Desk : dhakamirror.com Emphasising celebration and appreciation, OPPO, a leading global technology brand, is excited to announce its SUPER OFFER as part of the ‘O Fans Festival’ to celebrate its 10th anniversary in Bangladesh. The festival theme, “SUPER OFFER,” highlights unforgettable experiences for its dedicated fans through exclusive prizes and substantial super discounts on ... Read more

Bangladesh Travel and Tourism Council launched

Business Desk : dhakamirror.com A new think tank, Bangladesh Travel and Tourism Council (BTTC), has started its journey in a bid to create a network of professionals and businesses to foster collaboration and knowledge exchange in the local travel, tourism and hospitality sector. The council held its first meeting at a hotel in the capital ... Read more

Ethiopian airlines set to touch Dhaka’s runway

Business Desk : dhakamirror.com Ethiopian Airlines, the largest airline in Africa and part of the Star Alliance, will begin operations in Bangladesh next Sunday with its first flight on the new Addis Ababa-Dhaka route. The airline will provide five direct flights each week, giving Bangladeshi travelers access to over 155 global destinations, including major cities ... Read more

Unilever’s 15th edition of BizMaestros launches Nov 3

Business Desk : dhakamirror.com The 15th edition of BizMaestros-UFLP, the flagship business competition of Unilever Bangladesh, embodying the “Thrill of Real Business”, is all set to begin on November 3. As a leading player in the FMCG sector, Unilever Bangladesh has been at the forefront of skill development initiatives for over six decades, establishing BizMaestros ... Read more

Banglalink introduces affordable 4G Phone in partnership with Symphony

Business Desk : dhakamirror.com Banglalink and Symphony have joined forces to launch the “My First 4G Phone” campaign to make 4G technology more accessible and affordable. Through this campaign, they seek to bridge the digital divide by offering high-quality 4G phones at an unbeatable price, empowering more people to benefit from fast, reliable internet connectivity.The ... Read more

Bashundhara Toiletries introduces “Alora 2in1” Hair & Body Wash: first ever in Bangladesh

Business Desk : dhakamirror.com Bashundhara Toiletries announced the launch of “Alora 2-in-1” Hair and Body Wash, an innovative product designed to simplify your daily care routine. As Bangladesh’s first 2-in-1 solution for both hair and skin, Alora offers a unique blend of premium ingredients that cleanse, nourish, and revitalize. “Alora 2-in-1” is formulated with two ... Read more

350cc Royal Enfield set for Bangladesh launch on October 21

Business Desk : dhakamirror.com Ifad Motors, the manufacturer and sole distributor of Royal Enfield motorcycles in Bangladesh, is gearing up to launch the iconic motorcycle brand in the country on Monday (21 October). Four models will be introduced: Bullet, Meteor, Hunter, and Classic and the bikers will have 12 different colour options at competitive prices ... Read more

Luxury car sales slow to a near-stop

Market players blame economic and political uncertainty Jagaran Chakma Sales of luxury sedans and sport utility vehicles (SUVs) have been almost nil since July this year as customers have reined in spending amid the ongoing economic downturn and sudden political changeover in Bangladesh. According to various market insiders, sales have fallen by about 95 percent ... Read more

realme 12: The Speed Dominator launched

Business Desk : dhakamirror.com realme has unveiled its latest handset, the realme 12, in Bangladesh featuring SUPERVOOC charging, fluid performance and photographic prowess. This new device sets unprecedented standards with the ‘Born for Speed’ philosophy in the mid-range segment, reads a press release. At the core of the realme 12 is the Qualcomm Snapdragon chipset, ... Read more

TECNO mobile Bangladesh wins best retailer award 2024

Business Desk : dhakamirror.com TECNO Mobile Bangladesh has been awarded the title of the best retailer of mobile handsets at the prestigious Bangladesh retail congress . This honour is a testament to our unwavering focus on enhancing consumer satisfaction and convenience. We believe that our consumers are at the heart of our success and are ... Read more

Mastercard hold technology conference 2024

Business Desk : dhakamirror.com Mastercard recently organised the “Mastercard Tech Conference Q4, 2024” at a city hotel in Dhaka, Bangladesh, with participants from various banks and financial institutions. Zakia Sultana and Sohail Alim, Directors at Mastercard, Bangladesh, inaugurated the session. Munish Jairath, Director of Technology Account Management, Vageesh Raghavendra, Manager of Technology Account Management, and ... Read more

Stellar performers in Bangladesh travel, tourism and hospitality are honoured

Business Desk : dhakamirror.com The recognition programme, first of its kind in the country, was organised by the travel and tourism publication the Bangladesh Monitor. The programme is supported by Prime Bank PLC, a private-sector financial institution whose commitment to the industry’s growth is unwavering. Online travel agency BuyTickets, travel technology provider Sabre, and tea ... Read more

Businesses urge steps on law and order

Business Desk : dhakamirror.com Business leaders on Saturday sought better business climate in the country and said that issues like law and order situation, rising interest rates and other macroeconomic challenges must be addressed as these factors have impacted the economy negatively. Speaking at a seminar titled ‘Current state of the economy and outlook of ... Read more