Finance
Bangladesh Potato prices spike to 35 per kgs in Bangladesh
Dhaka: The government has increased the price of per kg potato from Tk 30 to Tk 35 in the retail market.
The price was set at an exchange meeting at the Department of Agricultural Marketing at Khamarbari on Tuesday (October 20th). This information has been informed in a notification of the Ministry of Agriculture.
The meeting was chaired by Mohammad Yusuf, Director General, Department of Agricultural Marketing and was attended by representatives of the Ministry of Commerce, Bangladesh Trade and Tariff Commission and the National Consumer Protection Department.
Besides, the president of Bangladesh Cold Storage Association, warehouse keepers including potato wholesalers from Kawran Bazar and Shyambazar were present at the meeting.
Earlier on October 8, the Department of Agriculture Marketing had fixed the price of per kg potato at Tk 23 at the cold storage level, Tk 25 at the wholesale level and Tk 30 at the consumer level. Letters were also sent to the deputy commissioners to confirm this price. But traders objected to the fixed price. At one stage they stopped selling potatoes.
Taking into account the overall situation, the price of potato has been re-fixed at Tk 28 per kg at cold storage, Tk 30 at wholesale and Tk 35 at retail.
