As Ramadan draws near, prices of essential commodities are rising sharply in the capital's kitchen markets, raising concerns among consumers, especially those from low-income backgrounds. Recent reports indicate that the cost of dates has increased by Tk50 to Tk100 per kilogram, despite a reduction in import duties. Similarly, the prices of fruits have surged by Tk20 to Tk60 per kilogram as demand spikes for the holy month.
Fruit and Vegetable Prices Soar
Among the most notable price hikes is that of lemons, which have jumped from Tk80 to Tk120 per hali, with some vendors referring to this as a "century" rate. An inspection of markets in Lalbagh, New Market, and Azimpur revealed that large lemons are now fetching Tk110 to Tk120 per hali, up from Tk70 to Tk80 just a fortnight ago. Medium-sized lemons have also seen a significant rise, moving from Tk50 to Tk80.
Market vendor Mamun Mia attributed this increase to low supply caused by the off-season and recent election-related transport restrictions, which have delayed the arrival of perishable goods. "When supply shrinks, prices increase, but this situation is temporary; prices will stabilize once the main season begins," he explained.
Other vegetables are experiencing similar trends. Papaya prices have risen from Tk25 to Tk30 per kilogram, while bitter gourd has surged from Tk120 to Tk160. Okra is now priced at Tk120, and green chilies are selling for Tk120 per kilogram. Long eggplants, essential for popular dishes like beguni, increased by Tk10 to Tk60. However, some items, such as bottle gourd and tomatoes, have seen a decrease in price, with bottle gourd dropping to Tk60 and tomatoes falling to Tk50.
Meat Prices on the Rise
The protein market is also witnessing significant increases. Beef prices have climbed sharply, now selling at Tk850 per kilogram, up from Tk750 just days ago. Sonali chicken, once available at Tk330, is now priced at Tk350, while broiler chicken remains at Tk190.
Among fish varieties, the prices of rui, shing, koi, and pabda have risen by Tk20 to Tk30 per kilogram, adding to the financial strain on families preparing for Ramadan. The price of onions has also seen fluctuations, moving from Tk50 to Tk60 recently. Local garlic has surged from Tk90-100 to Tk120, while imported garlic is priced at Tk160.
Consumer Concerns Over Inflation
As prices continue to rise ahead of Ramadan, consumers are expressing their worries about the impact on their budgets. Shahida Begum, a homemaker shopping at New Market, remarked, "Prices fall in other countries when Ramadan begins, but here in Bangladesh, the opposite happens. If transport runs a little less for two days, traders immediately raise prices." This sentiment reflects a broader frustration among shoppers who are feeling the pinch as they prepare for the fasting month.
The looming transition of power from the interim government to the Bangladesh Nationalist Party (BNP) is adding to apprehensions, with many fearing that the current price hikes could escalate further. The situation is exacerbated by the ongoing changes in the political landscape, which could impact market stability.
Looking Ahead: Market Stabilization Hopes
The coming weeks will be crucial as demand continues to rise with Ramadan approaching. While vendors like Mamun Mia remain hopeful that prices will stabilize as the season progresses, many consumers are left wondering how they will manage their grocery budgets amid soaring costs.
For now, the sharp increases in the prices of essential commodities serve as a stark reminder of the challenges faced by many households during this important time of year. With Ramadan just around the corner, families are urged to plan their purchases carefully and stay informed about market trends to navigate the rising costs of living.