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Egg Prices Slightly Decrease Despite Permission To Import

Egg Market || Photo: Collected

Egg Market || Photo: Collected

The Ministry of Commerce has granted permission to seven institutions to import 4.5 crore pieces of eggs to stabilize market prices. This approval was announced in a notice on Tuesday (October 8). Despite this decision, market prices have not seen a significant positive impact. In fact, the news of imports has only led to a slight decrease in egg prices in the capital's markets.

Meanwhile, to keep the prices of essential goods stable and control the market situation, two separate teams from the ministry conducted raids at the fresh markets in Banani and Hazaribagh this morning (October 10). During these raids, one shop was fined 7,000 Taka for not displaying a price list and for keeping expired products.

Following the permission for egg imports, prices in the capital's Mogbazar, Shewrapara, and Mohammadpur Agricultural Market decreased by 10 Taka per dozen on Wednesday (October 9). On that day, farm-fresh eggs were sold for between 160 to 170 Taka per dozen, with some being sold for 150 Taka per dozen at Karwan Bazar.

In wholesale markets, eggs were being sold for 140.40 Taka per dozen, down from retail prices of 170 to 180 Taka just a few days prior.

In addition to monitoring market prices, the Ministry of Commerce teams inspected various fresh markets in the capital. They checked for displayed price lists and scrutinized purchase receipts from previous days. They also provided warnings and guidance to businesses for not properly displaying prices or updating their price lists. The inspections revealed a slight decrease in the prices of eggs, onions, and potatoes compared to previous days.

On this day, the inspection in Banani was led by the Ministry’s Deputy Secretary Sultana Akhtar, who oversaw the monitoring of essential items including rice, lentils, eggs, flour, green chilies, vegetables, fish, and chicken.

Similarly, inspections at the fresh market in Hazaribagh involved checking the purchase and sale prices of essential items such as eggs, onions, green chilies, chicken, and rice. Business owners and shopkeepers were urged to display updated price lists for items like chicken, rice, potatoes, and onions.

This operation was led by the Ministry's Deputy Secretary Mohammad Zakir Hossain. Additionally, during the raids, one shop was fined 7,000 Taka for not having a price list and for keeping expired products. Officials from various departments under the Ministry were present during these inspections.

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