Economy & Finance

I can't produce eggs using a machine:Commerce Advisor.

Imran Hasan
6 months Ago

Due to the shortage of egg supply in the market compared to demand, prices have risen, said Dr. Salehuddin Ahmed, Economic and Commerce Advisor. He stated, "I can't produce eggs using a machine." On Monday (October 14), after monitoring the prices and supply situation of eggs, broiler chickens, and other essential goods at Karwan Bazar in the capital, the Commerce Advisor shared these remarks with journalists.


He said, "The demand for eggs in the market is around 45 to 50 million. The supply is not meeting the demand. I can't make eggs with a machine. Since there's no supply in the market, the price has increased." Warning those who are not selling eggs by closing their shops and creating an artificial crisis, he further added that strict actions will be taken against them if necessary. "If production is low, monitoring the market won't yield any results."


The Commerce Advisor said, "We are also not very satisfied with the current prices of goods in the market. We are trying to ease the suffering of consumers as much as possible. We don't want businesses to incur losses while doing business, but making excessive profits is also unacceptable. Particularly, the significant price gap between wholesale and retail markets is problematic."


He added, "The prices of vegetables in the fresh market have increased because the supply is low. When supply is lower than demand, prices naturally rise. Many parts of the country have been affected by floods, and on top of that, it’s still raining, which has damaged crops in many areas. This is affecting market supply. However, we are still trying to reduce prices."


When asked why prices haven't come under control despite the government setting limits, he responded, "No country in the world can control prices just by setting limits. However, we are trying to ensure there is a balance between producer, wholesale, and consumer prices so that there isn't too much disparity."


In response to a question from journalists about whether the current government has failed to reduce the prices of essential goods, Dr. Salehuddin said, "You're calling a government a failure after just two months. But you say nothing about those who have failed over the last 15 years. The issue of essential goods is complex, and we need to be patient. Simply blaming everything on a syndicate won't solve the problem. We are trying to prevent such syndicates from forming.



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