TCB ready to sell onion at Tk 47 per kg

 

The Trading Corporation of Bangladesh (TCB) is set to start selling onion in Dhaka and elsewhere in the country from Thursday at Tk 47 per kilogram as its first shipment reached the country from India.

“The first consignment of 100 metric tonnes of onion has already arrived here from India. TCB will start selling it from Thursday at Tk 47 per kg,” TCB spokesman Humayun Kabir told UNB on Wednesday night.

In Dhaka city, he said, the onion will be sold in 35 trucks.

The TCB is also planning to import onion from neighbouring Myanmar and a Commerce Ministry delegation, including TCB Chairman Brig Gen Sarwar Jahan Talukdar, is likely to visit Myanmar in the first week of September.

The TCB had decided to import onion from two neighboring countries – India and Myanmar – in phases to cool down the overheated market.

Earlier, the Commerce Ministry said the government has taken proper steps so that the importers do not face any obstacles towards onion import.

Onion price hit record high Tk 70-75 per kilogram on the back of a supply crunch in India.

A key cooking ingredient, onion experienced a price hike of around 43 percent over the past two weeks due to heavy rainfall in the neighbouring country, which ended up in destroying the majority of the crops.

Source: UNB Connect