Govt Re-Fixes Potato Retail Price at Tk 35 Per Kg

The government has re-fixed Tk 35 per kg of potatoes at the retail market, raising Tk 5 from the previous price of Tk 30 per kg, said Agricultural Minister Abdur Razzak.

The minister came up with the statement while speaking to the media at the secretariat on Tuesday.

Earlier on October 7, the Department of Agricultural Marketing (DAM) fixed prices of potatoes Tk 30 per kg at the retail level, Tk 25 at the wholesale level and Tk 23 from cold storage.

According to the Department of Agricultural Extension, the production cost of one kg of potato this year was Tk 8.40. Around 10.9 million tonnes of potatoes were produced in the country.

The annual demand for potatoes in the country is around 7.7 million tons while two million tonnes of potatoes are preserved as seed.

Potatoes have been selling at the retail market around Tk 50 per kg for the last few weeks. The prices of other vegetables have also gone up.