Consumer rights directorate recommends importing onion

The directorate accused traders of trying to destabilize the market ahead of Eid

The Directorate of National Consumers’ Rights Protection (DNCRP) requested the Ministry of Commerce to allow the import of onions to control the unrest in the onion market ahead of the Eid-ul-Azha.

AHM Safiquzzaman, director general (DG) of the consumer rights directorate, wrote to the senior secretary of the commerce ministry on Tuesday.

According to the letter, onions were being sold at Tk40-45 per kg in Dhaka’s Shyambazar and at Tk 50-55 in the retail market. 

The prices of onions have gone up by Tk 10-15 per kg in a week, the directorate observed. 

The directorate termed the hike of onion price as unusual as the country has produced enough onions and has huge stocks. They accused traders of trying to destabilize the market ahead of the Eid.

As per the directorate, onions are being sold at Tk 1,500-1,600 per 40kg at different places in Pabna and Faridpur. Farmers have spent Tk 20-22 per kg of onion production this year. So far adequate amount of onion has been produced in the country.

The directorate recommended importing onions from India in the light of the experience of previous years.

For this, they have requested the ministry to allow traders the permission to import (IP) as the onion IP delivery has been kept off for over a month.