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Hilsa prices shoot up on move to lift export ban

Prices of onion slightly fall, veg remain stable

Published : Saturday, 13 January, 2018 at 12:00 AM Count : 550

Prices of Hilsa fish increased this week because of earlier government announcement to lift the six-year-old ban on exporting the fish.The Ministry of Commerce banned the export of Hilsa and other fishes on Aug 1, 2012. The ban on all fish except Hilsa was lifted on Sept 23 of that year.
The Fisheries and Livestock Minister Narayan Chandra on Monday said that the government will lift ban on Hilsa export soon.
"We want to export Hilsa, as its production has increased besides a growing demand in the international market," said Narayan.Abdur Shokur, a fish trader at Karwan bazaar Kitchen Market told the Daily Observer, "The Hilsa price has incresed at the wholesale market since Tuesday following the government's announcement."
Prices spiralled upward as many traders began to stock the big size Hilsas and decided to observe the market for some more days, he said.
"I bought each four medium-sized Hilsas for Tk 1200 from Sowari Ghat's wholesale market, up from Tk 800 just last week," he added.
While visiting different kitchen markets in the capital, the average retail price of Hilsa on Friday was Tk 600 per kg for fries below 500 gm, Tk 800 to 1000 for 800 gm and Tk 1,500 for the 1 kg size.
The prices increased by Tk 2,000 per maund within three days. But the few river Hilsas available in the market fetched higher prices.
In the retail market, they were sold for Tk 1400 to Tk 1500 per kg for fries below 500 gm, Tk 1500 for those between 600-800 gm, and Tk 1,700 for the one-kg size.
Meanwhile, the onion price decreased by Tk 5 in the kitchen markets this week due to increased supply of local variety. It was sold for Tk 70 to Tk 75 and imported onion was sold for Tk 65 to Tk 70 at the kitchen markets in the city.
Vegetable prices remain stable for the last three weeks in the kitchen markets. The Brinjal was selling at Tk 30 to Tk 40 a kg, bitter gourds at Tk 25 to Tk 30 a kg, bottle gourd at Tk 30 to Tk 40 a piece, okra at Tk 30 a kg, papaya at Tk 20 a kg and cucumber at Tk 25 to Tk 35 a kg.
Radish, beans and spinach were selling for Tk 20 to Tk 30 a kg, Tk 30 to Tk 35 a kg and Tk 30 to Tk 40 a kg respectively on Friday.
Cauliflowers and cabbages weighing around 700 grams to one kg were sold for Tk 20-25 apiece and Tk 30 a piece on Friday.
The price of a kg of green chilli has come down to Tk 50 per kg from Tk 150 - Tk 200. It was Tk 40 per kg in January 2017.
The premium variety of Nazirshail and Miniket was sold at Tk 64 to Tk 68 per kg in different markets of the capital on Friday, while it was sold at Tk 48 to Tk 56 per kg a year ago.
Miniket (ordinary quality) was sold for Tk 58 to Tk 62 per kg in different markets of the capital in the past week of this year, while it was sold at Tk 44 to Tk 48 per kg a year ago. The coarse rice was sold for Tk 45 to Tk 46 this week.

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