KATHMANDU, May 20, 2012
Prices of essential food commodities have increased by around 8 to 12 percent in the market on Saturday after traders raised the rates citing low supply due to frequent strikes and rise in the prices in India, from where most commodities are imported.
Rice, sugar, beans and lentils have become dearer by Rs 3 to 25 per kg. Similarly, price of edible oil has also increased in the range of Rs 5 to 10 per liter depending on the brand.
“Though prices of commodities increased very slightly in India, prices of commodities have gone up by up to Rs 25 in the retail market here in the absence of government rules and regulations on pricing,” said Ram Krishna Manandhar, vice president of Nepal Retailers´ Association.
“Though food is our basic need, the government is doing nothing to ensure its easy availability,” he said, adding, “Almost 70 percent of the demand is met through imports and a slight increment in prices in other countries highly affects the prices here.”
On Saturday, prices of all varieties of rice increased by up to Rs 100 per 30 kg compared to Sunday. The price of Rahar dal increased by Rs 5 to Rs 100 per kg and Musur Dal by Rs 25 to Rs 110 per kg. Similarly, prices of Mas dal and Chana dal rose by Rs 10 and both items are now selling at Rs 110 per kg.
The price of sugar increased by Rs 8 per kg and will now be available at Rs 70 per kg. Likewise, sunflower oil and soybean oil have become dearer by Rs 5 per liter and are now selling at Rs 145 and Rs 140 per liter respectively. The price of mustard oil has also become dearer by Rs 10 and is currently available at Rs 150 per liter.
“The prices of essential commodities have gone up as suppliers raised the prices in line with the increment in the international market and the disruption in supply due to frequent strikes has led to a shortage,” said Pabitra Bajracharya, president of Nepal Retailer´s Association and proprietor of Dallu Khadhya Bhandar.
The price of vegetable ghee has also increased by Rs 5 per kg which is now available at Rs 120 per kg. Similarly, the price of gram has increased by Rs 15 to Rs 95 per kg while the prices of other beans will also increase soon, according to the traders.
Source: Republica
Prices of essential food commodities have increased by around 8 to 12 percent in the market on Saturday after traders raised the rates citing low supply due to frequent strikes and rise in the prices in India, from where most commodities are imported.
Rice, sugar, beans and lentils have become dearer by Rs 3 to 25 per kg. Similarly, price of edible oil has also increased in the range of Rs 5 to 10 per liter depending on the brand.
“Though prices of commodities increased very slightly in India, prices of commodities have gone up by up to Rs 25 in the retail market here in the absence of government rules and regulations on pricing,” said Ram Krishna Manandhar, vice president of Nepal Retailers´ Association.
“Though food is our basic need, the government is doing nothing to ensure its easy availability,” he said, adding, “Almost 70 percent of the demand is met through imports and a slight increment in prices in other countries highly affects the prices here.”
On Saturday, prices of all varieties of rice increased by up to Rs 100 per 30 kg compared to Sunday. The price of Rahar dal increased by Rs 5 to Rs 100 per kg and Musur Dal by Rs 25 to Rs 110 per kg. Similarly, prices of Mas dal and Chana dal rose by Rs 10 and both items are now selling at Rs 110 per kg.
The price of sugar increased by Rs 8 per kg and will now be available at Rs 70 per kg. Likewise, sunflower oil and soybean oil have become dearer by Rs 5 per liter and are now selling at Rs 145 and Rs 140 per liter respectively. The price of mustard oil has also become dearer by Rs 10 and is currently available at Rs 150 per liter.
“The prices of essential commodities have gone up as suppliers raised the prices in line with the increment in the international market and the disruption in supply due to frequent strikes has led to a shortage,” said Pabitra Bajracharya, president of Nepal Retailer´s Association and proprietor of Dallu Khadhya Bhandar.
The price of vegetable ghee has also increased by Rs 5 per kg which is now available at Rs 120 per kg. Similarly, the price of gram has increased by Rs 15 to Rs 95 per kg while the prices of other beans will also increase soon, according to the traders.
Source: Republica
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