Tuesday, October 8, 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

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