Onion
Importers fear losses as Indian onions flood Bangladesh markets
India's decision to lift a ban on onion exports from January 1 may have provided some relief to Bangladeshi consumers but has led to a wave of anger among importers.
Indian onion reaches Hili port, price drops
Indian onion started to roll in at Dinajpur’s Hili land port on Saturday after three and half months of the export ban.
TCB selling onion at Tk 23
The people are heaving a sigh of relief as the price of onion has fallen with the Trading Corporation of Bangladesh (TCB) offering the item at Tk 23 per kg through e-commerce companies.
Traders reeling as rotten imported onions dumped in Khatunganj
Warehouse owners and traders of Khatunganj were seen dumping hundreds of sacks of rotten onions in what is the country's biggest wholesale market for commodities, but prices of the spicy bulb remained sticky upwards at retail level.
Hili traders not interested to import Indian onion through waterways
India recent condition for onion export through waterways has irked the traders at Hili land port.
Work out scientific plan to ‘grow our own onions’: Razzaque
In the wake of the repeated crisis of onions, Agriculture Minister Dr Md Abdur Razzaque on Wednesday directed the researchers, scientists and officials concerned to adopt a specific action plan for Bangladesh to become self-sufficient in onion production.
Onion prices to cool down further: Commerce Ministry
The government says the prices of onion will fall further once the imported bulb fully hits the market and assured consumers that there is an “adequate stock” of the local variety.
Onion from Myanmar unloaded at Chattogram Port
A consignment of imported onion from Myanmar has been unloaded at the Chattogram Port on Monday.
After the shipment of 58 metric tonnes of onion reached the port on Monday, the authorities concerned of Plant Quarantine Centre of Chattogram Seaport issued the release order, said Dr Mohammad Asaduzzaman, deputy director of the centre.
This is the first shipment of onion from Myanmar.
A representative of C&F Agent said the ‘Agrabad Kayel Store’ imported the onion and already two containers had been unloaded.
Besides, four more onion-laden containers have reached the port from Pakistan and the authorities concerned have examined it for clearance.
According to Chattogram Customs House, the authorities concerned have taken all-out preparation to unload the shipment of onion as soon as possible.
Mohammad Idris, general secretary of Traders Association, said the first consignment of onion from Myanmar has arrived at the port.
The colour, size and taste of Myanmar onion is similar to that of our local variety and per kg is being sold at Tk 70, he said.
The government has withdrawn 5 percent duty on onion import in an effort to cool down the overheated local market following India’s export ban.
The decision has been taken as per Prime Minister Sheikh Hasina’s directives, said a Finance Ministry handout on Sep 20.
It will remain effective until March 31 next year.
India’s onion export ban pushed up the prices in the local markets to about Tk 100 from Tk 30 per kg.
According to the Commerce Ministry, the annual demand for onion in Bangladesh ranges between 2.2 and 2.5 million tonnes. Although the country’s own annual production has risen, so has the amount imported over the last decade.
Commerce Ministry figures show the amount imported was hardly 0.4 million tons in FY09, but had touched up to 1.1 million tons in recent years.
Imports fail to cool down onion prices in Dhaka
Onion prices continue to remain high in Dhaka kitchen markets, despite imports coming into this country from neighbouring India.
Overheated onion market: Import duty withdrawn
The government has withdrawn 5 percent duty on onion import in an effort to cool down the overheated local market following its export ban by India.