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The Financial Express

Traders expect steep fall in onion prices once new harvest reaches markets

| Updated: December 23, 2017 17:37:15


New harvest to push onion prices down: Traders

Onion traders in the city are expecting a huge fall in the price once the newly produced onions start to reach the city markets.

In Dhanmondi, Mohammadpur, Mohakhali and Segun Bagicha kitchen markets a kilogram of new onions was being sold at Tk 85 to Tk 90 while the price of the same amount of imported onions and old onions was Tk 80 to Tk 85 and Tk 100 to Tk 120 respectively.

A UNB report said, wholesalers said the farmers of Faridpur and Pabna have started to harvest onion.

Within a very few days, the onion will start to reach the city markets, said the wholesalers adding once the new onion hit the city markets, the price will start to reduce. 

On the other hand, the price of winter vegetables has been maintaining a standard trend in the kitchen market.

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