Rice prices have seen a fresh uptick in Kushtia, with rates climbing by Tk 2 to 4 per kilogram during the peak harvest season. The development was first reported by Bangladesh Pratidin.
Price Hike in Local Markets
According to the Bangladesh Pratidin report, rice prices have risen by Tk 2 to 4 per kilogram across various markets in Kushtia. Typically, the Aman harvest season brings new rice to the market, often leading to a price dip. However, the current trend reflects the opposite, with the increase impacting both wholesale and retail levels.Observations from Market Stakeholders
Local traders attribute the price surge to multiple factors, including increased transportation costs, pricing decisions by mill owners, and stockpiling practices. Rather than pointing to a single cause, they emphasize an imbalance between supply and demand as the primary driver. The price hike during the peak season has left many consumers frustrated.Impact on Consumers
The rising prices are adding fresh pressure on the daily lives of ordinary citizens, particularly low and middle-income families who are struggling to absorb the additional cost of rice. The report did not provide a detailed breakdown of which specific rice varieties saw price increases in Kushtia's markets.No official statement has yet been issued by local authorities regarding any measures to control the market situation. However, shoppers fear that if the upward trend continues, the situation could worsen in the coming days.