In Bangladesh, onion prices have quickly increased, going up by as much as Tk 15 per kilogram within a week. This rise is straining household budgets and affecting small businesses. The sudden rise represents about a 24 percent increase and has hit markets, with local wholesale rates seen around Tk 70 to Tk 75 per kilogram and some retail outlets charging up to Tk 80. Market traders and farmers point to a mix of causes: seasonal shortages that usually show up at this time of year, bad weather that reduced yields in key growing areas, and a halt in imports from India that normally helps fill gaps. In places that produce onions, such as Pabna and Faridpur, supplies are tighter than usual and some growers are keeping stock back in hope of better prices later, which reduces what reaches wholesale markets. Wholesalers say transport and handling costs also rose after the weather problems, and a few traders are limiting the flow of goods to the market, which can push prices higher for everyone. People who buy food for their families are already shrinking the amount of onion they buy at each trip, and small restaurants and food shops are changing menus or using less onion to keep costs down. Retailers warn that higher purchase prices from producing districts leave little room to lower store prices, so shoppers are being asked to expect higher bills while the situation is fixed. Consumer rights groups have asked for fast action and clearer market checks, saying officials should step in to stop artificial shortages, ensure honest weighing and fair sales, and publish regular market reports so buyers know what to expect. Experts say the most helpful steps would include easing import rules temporarily where possible, releasing any public buffer stocks to calm the market, and tightening rules against hoarding and unfair trade practices. Other useful measures include arranging quick transport from producing districts, improving storage and cold chain options so supply lasts longer, and helping farmers sell through cooperatives or collection centres to avoid middleman markups. Training for small traders in fair pricing and better record keeping can also help bring more clarity and reduce opportunities for price spikes caused by guesswork or bad planning. With coordinated action from market officials, farmers and traders, the sharp rise in onion prices can be eased over the coming weeks, and a mix of short term relief and longer term improvements in storage and market information can make the supply more reliable. In the meantime, consumers are encouraged to compare prices, buy smaller amounts if needed, and support local sellers who follow fair practices, while farmers may find better returns if they work together and sell through trusted channels.
Onion Prices Spike Up to Tk15/kg as Imports Halt and Supplies Tighten
7