News Desk : dhakamirror.com
The Bangladesh Trade and Tariff Commission (BTTC), also known as the Tariff Commission, has suggested setting a maximum retail price for hilsa based on its size.
This recommendation comes in response to the unusual spike in prices seen in the local market.
On Sunday, the Tariff Commission released a report detailing the hilsa price situation.
The Tariff Commission has wrapped up its survey, highlighting the recent market instability caused by the unusually high price of hilsa. They’ve reported that the cost of hilsa has surged to Tk 2,200 per kg as of September.
In this regard, Tariff Commission Chairman Mainul Khan said, “Now one kg of hilsa fish to be bought for the price of three kg of beef. Once, three kg of hilsa fish could be bought for one kg of beef. The hilsa price has abnormally increased.”
Therefore, the price needs to be fixed at the retail level. This will not cause losses to marginal fishermen.”
According to Mainul Khan, although hilsa is almost 100 per cent domestic product, there is an artificial connection behind its price in the market.
Because, its extraction is not much affected by international trade or dollar fluctuations. The main point identified in the study is the various levels of post-extraction middlemen and their excess profits.
Basically, the manipulation of Dadan traders is playing a major role behind the price increase.
