Green Chilli Prices May Drop as 100 Tonnes Arrive from India
ASIA

Green Chilli Prices May Drop as 100 Tonnes Arrive from India

Green Chilli Prices May Drop as 100 Tonnes Arrive from India

Around 100 tonnes of green chillies arrived in Bangladesh on Monday. These chillies came from India through the Bhomra land port in Satkhira. This new supply aims to bring down soaring chilli prices across the country.

By Monday evening, ten trucks carrying green chillies had entered Bangladesh. Traders hope prices will start to fall within a day or two if imports continue. Mushfiqur Rahman is the commissioner of Bhomra Customs House. He confirmed the arrival of the Indian green chillies.

Mr. Rahman stated that customs procedures were completed for these trucks. The required duties were also paid. The chillies will now be sent to wholesale markets all over Bangladesh. Port sources said each truck carried between nine and eleven tonnes of green chillies.

Saddam Hossain is an importer and trader. He said that permission to import chillies was received recently. His company quickly brought in this first shipment of ten trucks. Mr. Hossain expects the chillies to reach various markets quickly. He hopes the increased supply will help green chilli prices return to normal levels.

Local traders explained why prices have been so high. Continuous rainfall has damaged chilli fields in Satkhira and nearby districts. This flooding has severely reduced the local production of green chillies. As a result, the market supply has greatly decreased.

Just 15 days ago, green chillies sold for around Tk 50 per kilogram. However, due to the supply shortage, prices have climbed sharply. Over the past few days, the price has gone above Tk 250 per kilogram. Consumers have been struggling with these high costs.

Rajab Ali is the general secretary of the Satkhira City Raw Produce Traders’ Association. He believes these imports will greatly increase market supply. Mr. Ali also hopes this will gradually bring green chilli prices back to normal.

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