Country needs to import 600,000 tons of onions

Bangladesh: Lucrative prices are a boon for Rangpur region ginger growers

In the Rangpur region of Bangladesh, newly harvested ginger is being sold at rates between Tk125 and 140 per kg (€0.13-0.14) in local markets. Growers are happy with the lucrative price of ginger in local markets as the harvest of the spicy crop continues.

“The DAE had fixed a target of bringing 3,360 hectares of land under ginger cultivation to produce 51,870 tons of ginger during the kharif-1 season,” Additional Director of the DAE for Rangpur region Agriculturist Muhammad Ali told BSS.

Under the intensive spicy crop farming program, growers have cultivated ginger on 3,165 hectares, -which is 195 hectares less than the fixed farming target- in all five districts of the region.

The farmers have cultivated ginger on 1,145 hectares in Rangpur, 305 hectares in Gaibandha, 406 hectares in Kurigram, 370 hectares in Lalmonirhat and 939 hectares in Nilphamari.

Combating onion shortage
Bangladesh has a stock of 525,000 tons of locally grown onion and it will require 600,000 tons more to meet domestic requirements until the next main harvesting season, typically the March-April period. It should consider alternatives to India for the import, said the Bangladesh Trade and Tariff Commission (BTTC) in a latest report on the production and market situation of onion.

This is to avoid the risk of price spirals as there is a possibility of the neighbouring nation imposing an export restriction to curb soaring prices in its domestic market, the BTTC reasoned.

Source: dhakatribune.com


Publication date:



Receive the daily newsletter in your email for free | Click here


Other news in this sector:


© FreshPlaza.com 2020

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber