Bangladesh produced 1.15 crore tonnes of potatoes, the highest in history, in the last harvesting season, raising fears that a good portion of the tuber is likely to remain surplus this year as demand is far below the output, according to estimates by the Bangladesh Bureau of Statistics (BBS).
Potato prices have skyrocketed in Bangladesh amid a drop in production as farmers are increasingly turning to more profitable crops while poor weather conditions also lowered supply, according to market players.
Bangladesh produced 1.15 crore tonnes of potatoes, the highest in history, in the last harvesting season, raising fears that a good portion of the tuber is likely to remain surplus this year as demand is far below the output, according to estimates by the Bangladesh Bureau of Statistics (BBS).
Potato prices have skyrocketed in Bangladesh amid a drop in production as farmers are increasingly turning to more profitable crops while poor weather conditions also lowered supply, according to market players.
