After being stable for a long time, there is sudden instability in the country’s rice market. Even though there is enough stock, the price of rice in the wholesale market of the country has increased by 2 to 7 rupees per kg in a span of two weeks. Ardadars are complaining that the rice mill owners have manipulated and increased the prices on various pretexts.
Miniket rice is being sold at Tk 65 to Tk 72, Nazir Shail at Tk 65 to Tk 80, Tash eight Tk 52 to Tk 54, Swarna at Tk 52 to Tk 53 and Guti Swarna at Tk 50 to Tk 51 in various markets of the capital today. Immediately after the election, the price of rice suddenly started to increase.
Traders complain that rice market is unstable due to the manipulation of mill owners. On various pretexts, the price of a 50 kg bag has increased from Tk 250 to Tk 400. This increases the price of rice in the wholesale and retail markets. However, the mill owners claim that the increase in the price of rice has affected the rice market.
In Kushtia Khajanagar, one of the main rice destinations of the country, the price of rice has increased by Tk 2 to Tk 3 per kg per milgate in the last two weeks, but it has increased by Tk 4 per kg in the retail market.
When asked about the reason for the sudden increase in the price of rice, Zainal Abedin, general secretary of the Kushtia District Rice Mill Owners’ Association, said, ‘It is very normal that the price of rice has increased by Tk 2 to Tk 3 per kg due to the increase in the price of rice in the last one month.’
Dinajpur is known as one of the rice producing areas. The rice market there is unstable now. In Dinajpur, the price of rice has increased by Tk 100 to Tk 150 every week in the wholesale market. And in the retail market, all types of rice have increased by Tk 3 to Tk 4 per kg. Miniket is now selling at Tk 65 per kg, 29 varieties of rice at Tk 55, earlier 28 varieties of rice at Tk 60, Gutiswarna at Tk 47, Sumon Swarna at Tk 52, Katari at Tk 100 and Cumin Katari at Tk 130.
Meanwhile, agricultural economists believe that there is a lack of adequate surveillance in the government to prevent the sudden increase in the price of rice in the country’s market. For this, they urge to increase the market supervision quickly.
Agricultural economist Dr. Abdulahil Baki said, ‘The very profitable businessmen of the rice market were restrained for a few days. Now they are active again. To stop them, quick action must be taken. Otherwise the market situation may take a turn for the worse.’