The government has taken several measures to put a lid on skyrocketing onion prices caused by India’s export ban on the essential spice. Increased consignments have lowered the wholesale price of the commodity by Tk 20 a kg, but its retail prices continued to remain high around Tk 100 a kg. At several wholesale and retail markets in Dhaka on Friday, it was found that local onion was being sold at Tk 90-100 per kg in the retail market. 'Anwar', another shopkeeper, said he bought onion three days ago at a high price and he had to sell onion at Tk 95 per kg. On the difference between wholesale and retail prices, Idris Ali Madhu, a wholesaler at Shyamabazar, told bdnews24.com, "Many are charging higher than others as they bought onion at high prices.

Source: bd News24 October 04, 2019 17:03 UTC