The Directorate of National Consumer Rights Protection has announced that eggs will be sold at government-set prices starting today (Wednesday).
Following a meeting with egg producers and suppliers on Tuesday, director general of DNCRP Md Alim Akhter Khan told reporters that traders had agreed to sell eggs at the prices determined by the Department of Livestock Services.
As a result, from Wednesday, the price of eggs will be Tk 142.44 a dozen, he said.
On September 15, the Department of Livestock Services set the price of eggs at Tk 10.91 apiece at production level, Tk 11.10 apiece at wholesale level and Tk 11.87 apiece at retail level.
However, immediately after this official price was set, egg price surged on the market, with the commodity selling for Tk 15 apiece on city markets over the past few days.
Alim attributed the recent volatility in egg prices to the role of middlemen and stated that the government was taking steps to curb their influence.
In response to these price controls by the government, the Tejgaon Egg Merchants鈥� Association temporarily halted egg sales, 鈥榝earing raids鈥� by the Directorate of National Consumer Rights Protection.
This decision raised concerns over a potential shortage of eggs on the Dhaka market.
Due to the disruption, most traders refrained from selling eggs on Monday, causing prices to surge by Tk 10-15 per dozen.
Traders explained that they were forced to sell eggs at higher prices than the government-set rate because they themselves had to purchase them at elevated costs.
They also noted that fines were being imposed by the directorate on those charging above the government-set prices.