Tuesday, June 25, 2019 | ePaper

Cardamom, garlic, ginger prices soar

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Al Amin :
The prices of cardamom, garlic and ginger have increased in the city's kitchen markets just ahead of the Eid-ul-Fitr.
The prices of these cooking ingredients are hitting hard the consumers who have already been burdened with rising prices of different other commodities during the holy month of Ramzan.
According to a Trading Corporation of Bangladesh (TCB) data, prices of cardamom rose by 50 per cent, imported garlic 14.29 per cent and the imported ginger 9.09 per cent than one month before.
Selling price of cardamom was Tk 2,200-2,800 on Monday, which was Tk 1,400-1,800 just one month before, according to the kitchen market sources.
Garlic was selling at Tk 70-80 (local) and Tk 110-130 (imported) while ginger was selling at TK 100-140 on Monday in the retail market.   
Traders have attributed the increasing costs of cardamom, garlic and ginger to the rising demands of the spices and a hike in import costs.
On the other hand, market observers have blamed a syndicate for the rising prices of the spices.
Garlic of imported variety was trading at Tk 120-150 per kg and the local variety at Tk 80-100 per kg at retail market, registering a 10-19 per cent hike in a week, says the TCB.
However, prices of onion, another prime cooking ingredient, remained more or less static at Tk 28-35 per kg.
Abdur Rashid Mithu, a grocer at Jatrabari, told The New Nation that prices of spices like cardamom, garlic and ginger witnessed a sharp rise in the last two weeks in the wholesale markets. Chinese garlic price increased by Tk 110 per kg at Shyambazar on Monday, up from Tk 90 per kg two weeks back, he mentioned.
Contacted, Shyambazar-based importer Narayan Chandra Saha said the demand for imported cardamom, garlic and ginger has increased ahead of Eid-ul-Fitr, the biggest religious festival of the Muslims.
He said production of local ginger declined significantly while import cost of the produce increased by 20-30 per cent in the last two months. Import cost of Chinese garlic also increased during this period, he noted.
He said imported garlic price was US$1,150-1,180 per tonne for the last two months, which was below $1,000 earlier. He said local garlic varieties were selling at Tk 58 to Tk 62 per kg at Shyambazar, which were being retailed at more than Tk 80.
Consumers Association of Bangladesh (CAB) Secretary Humayun Kabir Bhuiyan said, traders' syndicate is desperate to raise prices ahead of the Eid amid a lack of market monitoring.
He urged the government to ensure strict monitoring to keep the prices of essentials within the purchasing capacity of the commoners.

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