• Tuesday, Aug 11, 2020
  • Last Update : 09:09 am

Onion supply runs out at Hili land port

  • Published at 11:32 pm October 14th, 2019
HILI-ONION-PIC
Imported onions at Hili land port Courtesy

Further price hike feared

The supply of imported onions from India, against previous letters of credit (LC), has run out at Hili, leading to a shortage of the essential cooking ingredient, and an increase of its price in the markets.

The price of onions increased to Tk70 per kilogram (kg) from Tk50-55 in Hili's markets yesterday, up by Tk15-20 per kg.

Traders and importers blamed that the existing stock of onions, which was imported against previous LCs before India had banned the export of onions, had run out and caused this price rise. India had imposed the ban with immediate effect until further notice, in order to improve their domestic availability of onions.

Upon inspecting various markets in Hili yesterday, this Dhaka Tribune correspondent found many warehouses sealed shut, as the supply of onions had run out. Only a handful of warehouses contained onions, whose owners said its prices would rise soon once those run out as well.

Rafikul Islam, an importer of onions, told Dhaka Tribune he had purchased onions from Hili land port at Tk40-45 per kg previously, which was Tk50-55 per kg even two days ago, but yesterday he had to purchase those at Tk70 per kg.

"The price of low quality onions, most of which has deteriorated, are sold for as little as Tk20-25 per kg. However, those are mostly unsaleable," he added.

Rezaul Islam, a retail trader, said the price of onions was Tk50-55 per kg on Thursday, but it rose to Tk65 per kg on Saturday, and sold yesterday at Tk70 per kg.

He alleged many wholesalers are hoarding their onion supply inside their warehouses, capitalizing on the news of other warehouses running out of onions. They want to artificially create a crisis and spike onion prices,he complained.

Bablur Rahman, another onion importer, said no onion-laden truck has entered through Hili land port in the last 8-9 days.

"The last import was made after a series of talks between importers and authorities back on October 4, after which 57 trucks had entered Bangladesh with over 1,000 tons of onions," he said.

"But most of the trucks remained stationary for the last 8-9 days, with triple sheds enshrouding onion, which caused most of it to decay."

Whatever remaining onions the importers could salvage, were sold until now, Bablur remarked.

He hoped the commerce ministry would discuss this issue with its Indian counterpart, so that the latter allows onions to be exported to Bangladesh once again.

 Harun ur Rashid, president of the importers group in Hili port, blamed the stalemate on the Durga Puja holidays, adding that some trucks had entered Bangladesh with onions from Saturday.

"We are trying our best to convince India to export their onions to Bangladesh once again," he also said.

56
52
blogger sharing button blogger
buffer sharing button buffer
diaspora sharing button diaspora
digg sharing button digg
douban sharing button douban
email sharing button email
evernote sharing button evernote
flipboard sharing button flipboard
pocket sharing button getpocket
github sharing button github
gmail sharing button gmail
googlebookmarks sharing button googlebookmarks
hackernews sharing button hackernews
instapaper sharing button instapaper
line sharing button line
linkedin sharing button linkedin
livejournal sharing button livejournal
mailru sharing button mailru
medium sharing button medium
meneame sharing button meneame
messenger sharing button messenger
odnoklassniki sharing button odnoklassniki
pinterest sharing button pinterest
print sharing button print
qzone sharing button qzone
reddit sharing button reddit
refind sharing button refind
renren sharing button renren
skype sharing button skype
snapchat sharing button snapchat
surfingbird sharing button surfingbird
telegram sharing button telegram
tumblr sharing button tumblr
twitter sharing button twitter
vk sharing button vk
wechat sharing button wechat
weibo sharing button weibo
whatsapp sharing button whatsapp
wordpress sharing button wordpress
xing sharing button xing
yahoomail sharing button yahoomail