Prices of potatoes and onions also fixed; bottled soybean oil price reduced
Bangladesh Competition Commission yesterday lodges complaints against 10 poultry firms and poultry-related organisations for manipulating the egg market in collusion with each other to send egg prices skyrocketing.
Amidst the backdrop of the recent rise in egg and broiler chicken prices, the Bangladesh Competition Commission (BCC) has formed two committees to investigate whether a lack of fair competition in the poultry industry was playing a role.
International market prices of poultry feed ingredients had dropped in the second quarter of this calendar year, yet locally produced feed has turned anything but cheap.
Dr MM Akash, professor of economics at Dhaka University, explains what is driving the inflation up in Bangladesh.
Mobile courts of Rapid Action Battalion are conducting drives at different markets of in Dhaka today amid unusual price hike of eggs
Major producers in Bangladesh colluded with each other to send the price of eggs to an unprecedented level in the middle of August, hurting the pockets of consumers already struggling to make ends meet, according to a probe report.
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has demanded punitive measures against anyone found manipulating prices in the domestic egg market.