No impact on retail rice prices despite a fall in wholesale prices - News Summed Up

No impact on retail rice prices despite a fall in wholesale prices


Though prices of coarse and fine rice have fallen by up to Tk3 per kg in wholesale markets, retail markets have yet to see a decrease in the prices. The wholesale price of rice per kg is Tk60, while it is sold at Tk66-Tk67 in retail markets. They, however, added that seven more days would be needed for retail prices to come down. Traders claimed they were incurring a loss of Tk1 against 50kg of rice due to the fall in wholesale prices. Despite a fall in wholesale prices, it will take some time for retail prices to decrease.”Minicat rice is sold at Tk59-Tk61, BR-28 at Tk51-Tk53, Shawrnapari at Tk49.50, coarse rice at Tk45, Chinigura at Tk72-Tk82, and Nazirshal at Tk62.


Source: Dhaka Tribune September 23, 2017 15:45 UTC



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