Onion, potato prices stay low

LAHORE - The rates of onion and potato continued to remain low this week while the price of peas have also registered decline to Rs25-30 per kg in open market as well as in Sunday bazaars from last week rate of Rs45-50 per kg.   
Vendors said that the rates of onions, potatoes, green peas, green chili and other fresh vegetables were available on low rates in Sunday bazaars and other vegetable markets due to enhancement in supply, as no effect of cut in petroleum prices were seen on rates of any kitchen items in any wholesale or retail market.
During the week onion and potato continued to remain low at Rs18 per kg and Rs20 per kg respectively while in open market they were available for Rs25 per kg each. However, tomatoes prices are not showing ease as they were available at Rs60-80 per kg in Sunday bazaars and open market respectively. Green chili was being sold at Rs50 per kg in vegetable wholesale market, while it was being sold at Rs65 per kg in retail market. Pumpkin was being sold at Rs45 per kg, cabbage at Rs25 per kg, shimla mirch was being sold at Rs60 per kg and cucumber at Rs45 per kg.
The prices of chicken and eggs have reduced significantly but experts considered it a demand and supply phenomena, as chicken was being sold at Rs160 per kg against Rs175 per kg last week price, registering a cut of Rs15 per kg, eggs per dozen were being sold at Rs90 against Rs. 110 per dozen week past price, registering a down of Rs10 per dozen.
Stability was witnessed in pulse mash price as it was being sold at Rs164, cooking oil tin (2.5 liter) at Rs 535, vegetable ghee tin 2.5 kg was being sold at Rs 510, vegetable gee loose at Rs. 158-160 per kg and sugar at Rs51-5 per kg. During the week, pulse masoor washed was selling at Rs145 per kg, pulse moong washed at Rs180 per kg, pulse mash washed at Rs165 per kg, different qualities of rice were being sold at Rs80-140 per kg.
The visitors of the markets said that the provincial government has totally failed to show its writ regarding inflation control, as official price list is being implemented nowhere in open markets and retail bazaars of the provincial capital. They called for strict action against transporters, wholesalers, retailers, food, dairy and beverage companies, confectioners, bakers and companies dealing in essential food items blaming them of taking undue advantage of the decrease in fuel prices, as they have not announced any reduction in their prices so far.

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