Wednesday, 16 April 2014

Prices of potato have nearly doubled over the last one year in Bangladesh, despite having its sufficient supply in the market and adequate stock in the country.

Cold storage owners said that the recent tariff hike of power - vital for storing potato - has pushed the price a little bit high in the market, reported The Financial Express.

They, however, said that potato prices are unlikely to go up during the upcoming month of Ramadan since the present stock could meet the local demand.

Retailers said that there was disruption in the smooth supply of potato recently due mainly to hartal (general strike) resulting in the fresh price hike of potato.

The country has witnessed a bumper production of potato in recent years. Production of potato totalled 10 million tonnes last year.

 

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