Prices fall at Gabtoli cattle market

Just a day to go before Eid-ul-Azha, sacrificial animals mostly cattle are being sold at lesser prices than yesterday due to what the traders said fewer numbers of buyers in Dhaka markets.

Today each cattle irrespective of sizes is Tk 10,000 cheaper than that of yesterday and same day last year, reports our staff correspondent visiting Gabtoli cattle market this afternoon.

ALSO READ: Cattle traders in Dhaka eye good profit if trend continues

The cattle which was sold yesterday at Tk 55,000, today is selling at Tk 46, 000, he said.

Cattle traders said they were incurring losses today as the number of customers appears to be very poor today compared to the adequate supply of cattle.

ALSO READ: Traders hope cattle sales to go up in Dhaka in the last 2 days

Kamal Bepari, a cattle trader at Gabtoli, told this correspondent that he sold four cattle today at Tk 25,000 loss in total.

He restrained from selling any yesterday hoping that prices will go up further today at the largest and permanent cattle market of the capital, but it did not.

He still has two more cattle to sell and he is not happy about the prices he has to comply with.

Prices of cattle got down as there are fewer buyers in the market today, Kamal said.