Onion tensions

Soaring onion prices bring tears to commoners

To a new week and to the end of August, we see that commodity prices, particularly onion, with far better times, as it was doing quite well for consumers at Tk 50-55 per kg, in the third week of the month. Flood waters in the country has significantly affected staple food prices as they continue to soar, but onion had impacts from decisions outside the country, an Indian export price hike. Due to mostly panic hike here in Bangladesh, imported onion prices were Tk 65-70 per kg on Friday, which was even higher midweek.