16 June 2024

Customers feel the heat as spice prices spike

By Redoy K

Consumers in Bangladesh are feeling the heat as prices of essential spices like coriander, cardamom, cinnamon, clove, garlic, and ginger have spiked ahead of Eid-ul-Azha. The price hikes ranging from 1.7% to over 250% are attributed to higher global market prices, reduced production in some countries, and an increase in the value of the dollar, making imports costlier.