After the import permission was granted, onions are coming from India through various land ports every day. Buyers thought that the price would come down due to imports. That hope is dashed. Onions imported from India at a low price are also being sold at the price of new domestic onions. On the other hand, domestic onions are also being sold at the previous increased price. As a result, consumers are not getting the benefits of imports. On the other hand, although importers announced new prices of edible oil in agreement with the Ministry of Commerce, the new price of oil has not been seen in the market.
On Wednesday, Indian large onions were seen in some shops in Dhaka. They are being sold at a price of 120 taka per kg. Domestic cut onions are being sold at the same price. A kilogram of domestic old onions is being sold at a price of 145 to 150 taka. Two days ago, a kilogram of cut onions was sold at 75 to 80 taka and a kilogram of old onions was sold at 120 to 130 taka. Accordingly, the price of the spicy product has reached an increased price again in the space of two days.
When asked why the price of Indian onions is high, Babul Hossain, a wholesaler in Karwan Bazar, said, "Onions are coming from India at a very low rate compared to the demand. Indian onions are available in a few shops in Shyambazar. They are being sold there for 112 to 115 taka. Along with this, there are other costs including transportation. Therefore, they cannot be sold for less than 120 taka."
Retailers are also surprised by the high price of imported onions. Ershad Ali, a retail trader in Karwan Bazar, said that the price of onions in India is around Rs 10 to 15. So how come they are so expensive when they arrive in Bangladesh? He said that he is not selling Indian onions because the price is high.