Dhaka, Oct 2 (UNB) - Commerce Minister Tipu Munshi on Wednesday said the onion price will come down to Tk 60-70 per kg within a day or two as the cooking ingredient is being brought from Myanmar.
“We’re working to bring down the onion price under a tolerable level. A total of 483 tonnes of onion have been imported from Myanmar. Besides, 400-500 tonnes of onion are coming today (Wednesday),” he said while talking to reporters at the ministry.
The minister also said onion is selling at Tk 45 per kg through the Trading Corporation of Bangladesh (TCB).
Mentioning that the landed cost of imported onion is Tk 42-43 per kg and it may cost highest Tk 55, including the shipment cost, he said the price should not exceed Tk 60, including the profit.
Tipu said action is being taken against those involved in hiking the onion price. “Different committees have been formed and they’re visiting markets. Some traders have already been fined in Chattogram,’’ he said.
He emphasised on increasing the onion production locally to permanently resolve the problem.
Asked about India’s ban on the onion export, the minister said they did not think of it.