‘Onion price to be normal soon’

DHAKA The Ministry of Commerce today said that there

is no deficit of onion in any market of the country while the consumers does

not need to be worried over the onion price as it will come to a normalcy


Assessing the overall situation, there is nothing to be worried about the

onion price as sufficient amount of onions are available in the market. The

price of onions will be normal soon said a press release of the Ministry of

Commerce today.

It said that due to the various steps taken by the Ministry to keep the

supply and price of onion stable, the kitchen markets have already started to

experience positive impact.

The Bangladesh Bank has taken steps to reduce the LC margin and interest

rates for importing onion. Besides, the National Board of Revenue (NBR) and

the port authorities concerned have taken steps for unloading the imported

onion at the sea and land ports on urgent basis.

All necessary steps have been undertaken to make the import of onion

flawless at the Bhomra, Sona Masjid, Hilli and Benapole land ports while the

Ministry has tasked 10 of its high officials for monitoring the overall

situation and they have started monitoring the markets of Cox's Bazar,

Chattogram, Faridpur, Rajbari, Jashore, Dinajpur, Pabna, Satkhira, Sirajganj

and Shariutpur districts from today.

Besides, effective measures have been taken from each district

administration as unloading of imported onions from Myanmar, Egypt and Turkey

has started at the ports. The imported onion from Myanmar through Teknaf Port

as well as other sold onion from the wholesale markets across the country is

spreading throughout the country without any interference. The supply of

onion is now at a normal state the release added.

The number of trucks for selling onion, by the Trading Corporation of

Bangladesh (TCB) at taka 45 per kg, has been raised to 35 from 16 today to

keep the price of onion stable.

The Commerce Ministry press release said that the country needs to import 8

to 10 lakh metric tons of onion every year and according to the official

estimation there is now no crisis of onion in the country.

It said that imported onion from Egypt and Turkey has started arriving in

the country while imported onion from India alongside the locally produced

onion would hit the market soon.

Apart from this, the Ministry of Commerce has held a number of meetings

with the importers and businessmen and requested them to do their business

with integrity.

Besides, the government has also announced that necessary action would be

taken as per the law if anyone tries to store onion, manipulate its price and

tries to deter the usual supply.

Source: Bangladesh Sangbad Sangstha (BSS)