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Cattle trade gains momentum, buyers waiting for price fall

  • Published at 12:35 am September 12th, 2016
Cattle trade gains momentum, buyers waiting for price fall
The majority of both traders and customers seemed happy with the arrangements and availability of locally reared cattle in the markets. However, a number of Dhaka dwellers expressed dissatisfaction over the high price of the cattle – a trend of the past few years, they claimed. Some of the buyers are hoping for a fall in price today, the last day before Eid. Mohammad Abdullah, a resident of Jigatola in Dhanmondi, who was looking at different sacrificial animals at Hazaribagh cattle market, told the Dhaka Tribune: “A cattle trader asked for Tk190,000 for two cows, which is absurd. Judging by how they look, each of these cows weighs 200kg at best.” He said he was going to wait until today. “I think the price will fall tomorrow [today] as the trader will sell the pair of cows for Tk150,000.” But the trader in question, Sirajul, who came from Faridpur to sell his cows, said it was unlikely. “I invested more than Tk100,000 on my cows. I will not sell them for a price less than Tk180,000.” Ariful Islam, a resident of Mirpur, said he bought a cow which weighed around 120kg for Tk55,000 and a goat which weighed around 25kg for Tk18,000. Apart from the permanent cattle market in Gabtoli, the city authorities have issued permission for eight temporary cattle markets in Dhaka North and 13 in Dhaka South for Eid-ul-Azha. The Dhaka South City Corporation cancelled the permit of one temporary market due to low price offered by the bidders.