Amid soaring prices, onion became costlier to Tk 180 a kg by Tk 30 in two days after Cyclone Bulbul squeezed supply last week.
The prices continued to rise and reached Tk 250 before the week ended. Onion was being sold around Tk 250 on Friday and Saturday as well.
On Sunday, the prices stood around Tk 230 per kg.
At Shah Ali Market in Mirpur, wholesaler Mostafa Kamal told bdnews24.com they were asking between Tk 190 and Tk 200 for the local variety of the cooking ingredient.
“Prices will drop further tomorrow (Monday),” he said.
The first reason for the drop in prices is, according to Kamal, the “huge fall” in sales.
Secondly, he said, new produces have begun to arrive.
wholesaler said.
At the Shyambazar market, wholesaler Idris Ali Madhu said they were selling local variety of onion between Tk 180 and Tk 200 and new produces from local farmers between Tk 130 and Tk 160. Onion imported from Myanmar and Egypt was priced between Tk 160 and Tk 180 at the market.
bdnews24.com Pabna Correspondent Shoikat Afrooz said farmers brought unripe onion to the markets and were getting good prices – between Tk 130 and Tk 150.