Potato prices skyrocket by 229% compared to last year | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Tuesday
June 10, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
TUESDAY, JUNE 10, 2025
Potato prices skyrocket by 229% compared to last year

Bangladesh

TBS Report
29 December, 2023, 12:10 pm
Last modified: 30 December, 2023, 03:23 pm

Related News

  • 55 lakh families to get 6-month food aid per year thru OMS: Adviser Ali Imam
  • Rice prices fall further, eggs become costlier
  • Low-cost attic storage method for potatoes gains ground, 653 units built nationwide
  • Onion, egg, veggie prices surge in a month, hitting consumers hard
  • How the TCB transformed public distribution

Potato prices skyrocket by 229% compared to last year

During the same time last year, potato prices ranged from Tk16-22 per kg

TBS Report
29 December, 2023, 12:10 pm
Last modified: 30 December, 2023, 03:23 pm
File photo of potato/Unsplash
File photo of potato/Unsplash

Consumers are facing a potato price shockwave, with prices surging a staggering 229% year-on-year, despite the presence of both freshly harvested and cold-stored potatoes in the market.

Trading Corporation of Bangladesh (TCB) data shows potatoes were sold at Tk16-22 per kg in December last year. However, both old and newly harvested potatoes are now being sold at Tk60-65 per kg in the capital's kitchen markets, which marks an alarming 44% hike in prices compared to November.  

Visits to several kitchen markets in Kallyanpur, Moghbazar, and Hatirpool areas in the capital on Friday revealed an even grimmer picture. New potatoes are selling for Tk70-80 per kg, while old potatoes are selling for Tk60-70.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

Shopkeepers in these markets told TBS that this surge starkly contrasts the usual market trends during mid-December when new potatoes enter the market resulting in a decline in prices.

"New potatoes are being sold at Tk70 per kg. Last December, I sold new potatoes for Tk40 per kg and old ones for Tk20," said Mohammad Anwar Hossain, a seller from Kallyanpur.

Another seller Rezwan Sikder from Moghbazar said, "Usually, vegetables including potato prices drop during winter, but this year, due to inflation, prices of almost all vegetables doubled. Even now, the price of one kilogram of beans is Tk70."

The onion market is also experiencing a similar trend, with fresh local variety onion prices ranging between Tk80 and Tk100 per kg, while old local onions are selling for an even higher rate, at Tk140-150 per kg.

With government interventions in September, potato prices were fixed at Tk35-36 per kg for retail sales and Tk26-27 per kg for wholesale, while local onions were set at Tk64-65 taka per kg.

However, despite the commerce ministry's stringent measures to regulate the prices of staple items — potatoes, onions, and eggs — shopkeepers across the country were boldly flouting the government-fixed rates.

Beans and tomatoes are now selling for Tk70-75 per kg. A medium size cauliflower now costs Tk40-50. Round brinjal is selling at Tk80 a kg, a gourd costs Tk50-70

Top News

kitchen market / Potato / TCB

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • BNP Secretary General Mirza Fakhrul Islam Alamgir speaks to reporters at the BNP Chairperson’s Gulshan office on 10 June 2025. Photo: Focus Bangla
    Fakhrul urges interim govt to rethink April election timing
  • A passerby walks near a building on fire at the site of a Russian drone strike, amid Russia's attack on Ukraine, in Kyiv, Ukraine June 10, 2025. REUTERS/Thomas Peter
    Russia launches one of war's largest air attacks on Kyiv
  • Mahmud Hasan Khan Babu. Photo: Collected
    Elected govt essential to ensure investors' security: BGMEA president

MOST VIEWED

  • On left, Abdullah Hil Rakib, former senior vice president (SVP) of BGMEA and additional managing director of Team Group; on right, Captain Md Saifuzzaman (Guddu), a Boeing 787 Dreamliner pilot for Biman Bangladesh Airlines. Photos: Collected
    Ex-BGMEA SVP Abdullah Hil Rakib, Biman 787 pilot Saifuzzaman drown in boating accident in Canada
  • A photo showing the former president on his return to Dhaka today (9 June). 
Source: Collected
    Former president Abdul Hamid returns to Bangladesh from Thailand
  • File photo of Eid holidaymakers returning to the capital from their country homes/Rajib Dhar
    Dhaka: The city we never want to return to, but always do
  • Chief Adviser Muhammad Yunus leaves for a four-day visit to the United Kingdom from the Dhaka airport on 9 June 2025. Photo: CA Press Wing
    CA Yunus leaves for UK; discussion expected on renewable energy investment, laundered money
  • Inside the aid ship stormed by Israeli forces on 9 June 2025. Photo: BBC
    Israeli forces stormed aid boat carrying Greta Thunberg bound for Gaza: Freedom Flotilla Coalition
  • Enhanced surveillance at Ctg airport amid rising global Covid-19 cases
    Enhanced surveillance at Ctg airport amid rising global Covid-19 cases

Related News

  • 55 lakh families to get 6-month food aid per year thru OMS: Adviser Ali Imam
  • Rice prices fall further, eggs become costlier
  • Low-cost attic storage method for potatoes gains ground, 653 units built nationwide
  • Onion, egg, veggie prices surge in a month, hitting consumers hard
  • How the TCB transformed public distribution

Features

File photo of Eid holidaymakers returning to the capital from their country homes/Rajib Dhar

Dhaka: The city we never want to return to, but always do

1d | Features
Photo collage shows political posters in Bagerhat. Photos: Jannatul Naym Pieal

From Sheikh Dynasty to sibling rivalry: Bagerhat signals a turning tide in local politics

3d | Bangladesh
Illustration: TBS

Unbearable weight of the white coat: The mental health crisis in our medical colleges

5d | Panorama
(From left) Sadia Haque, Sylvana Quader Sinha and Tasfia Tasbin. Sketch: TBS

Meet the women driving Bangladesh’s startup revolution

6d | Panorama

More Videos from TBS

BNP is not a revolutionary party: Mirza Fakhrul

BNP is not a revolutionary party: Mirza Fakhrul

34m | TBS Today
Trump sends 2,000 more National Guard and 700 Marines to Los Angeles

Trump sends 2,000 more National Guard and 700 Marines to Los Angeles

1h | TBS World
Prison irregularities will be punished, warns Home Affairs Advisor

Prison irregularities will be punished, warns Home Affairs Advisor

1h | TBS Today
What's the problem with elections in April? What BNP says

What's the problem with elections in April? What BNP says

2h | TBS Today
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net