Short Supply Puts Hilsa Out of Reach as Prices Soar
Large and medium hilsa were beyond ordinary buyers' reach in Dhaka's markets on 12 September, with sellers blaming poor supply late in the season.
Large and medium hilsa were beyond ordinary buyers' reach in Dhaka's markets on 12 September, with sellers blaming poor supply late in the season.
Betel leaf farmers in Gournadi, Barishal, say exports have almost stopped since the export price was raised to $5 a kg, leaving them without fair prices and in debt.
Bangladesh's Ministry of Commerce informed West Bengal's Fish Importers Association on 8 September that 1,200 tonnes of hilsa may be exported to India before Durga Puja.
The government has decided to export 1,200 tonnes of hilsa to India for Durga Puja at a time when record prices have put the fish out of reach of many at home.
The interim government has decided in principle to export 1,200 tonnes of hilsa to India for Durga Puja at a minimum price of Tk 1,525 a kg.
Mirpur 1's Friday bird market, described as the country's largest, draws hobbyists and traders selling birds priced from a few hundred taka to a lakh.
A black sugarcane variety from the Philippines is drawing farmers in Shibpur, Narsingdi, where growers say they have doubled their profits for several years.
Hilsa prices in Dhaka's markets rose by Tk 200 to 300 a kg in a week near the end of the season, and other fish also became dearer.
A young farm entrepreneur in Mirsarai, Chattogram, has harvested more than 500 kg of avocado from trees brought from Indonesia and sells the fruit at Tk 800 a kg.
A hilsa weighing 2.1 kg caught in the Bay of Bengal sold for Tk 6,090 in Kalapara, Patuakhali.
The interim government has formed the Bangladesh Dairy Development Board and declared the 2023 law behind it effective from 1 September.
The Kansat mango market in Chapainawabganj remains busy near the end of the season, but growers say they are not getting fair prices.
Hilsa prices have kept rising even as the season has begun, with falling catches, bad weather and silted rivers blamed, though officials hope for a better September.