The price of onion has started decreasing in wholesale and retail market in Pabna. In the space of two days, the price of every onion has decreased from two to two and a half thousand rupees. Traders said that the price will decrease further.
By inspecting the market on the ground, it is said that the price of fresh onion has decreased in the retail market due to the increase in the supply of local new onions. Fresh onions are being sold at Tk 110 per kg. Which was sold from 140 to 150 taka two days ago. On the one hand, the supply of new ones has increased, on the other hand, the price of domestic old onions has also decreased by Tk 40 per kg due to the decrease in buyers. At present it is being sold at Tk 150 per kg.
According to the information of the District Agriculture Extension Department, this year the target of 763 thousand metric tons of onion production has been set on 53 thousand 27 hectares of land in Pabna. Out of this, chopped onion has been cultivated in 9 and a half thousand hectares of land. The production target is 1 lakh 18 thousand 800 metric tons. The agriculture department expects the production to exceed the target.
Traders who came from Dhaka to Pabna to buy onions said that on Saturday they bought new onions from Pabna’s Chinakhara market at the price of Tk 8,000 to 8,500. And today he bought old onions for 5,500 to 6,000 taka. And new good quality onions at the price of 3800 to 4 thousand taka.
Onion farmer Akbar Ali of Sujanagar Sreepur village in the district said, ‘I have cultivated one and a half bigha of onions. I was bringing onions to the market today. I sold the best onion for 3400 to 3800 taka. And below that onion 3200 to 3300 Tk.
Onion trader Mizanur Rahman said, ‘New onions cost 3300 to 3800 taka. And the old onion was sold at the rate of 5,500 to 6,000 taka. The price will drop further in a day or two. Now importing. 300 taka per mana will be reduced every day.’
Deputy Director of Pabna Agricultural Extension Department. Md. Jamal Uddin said, expect to exceed the production target this year.