Bangladesh to import nearly 190 mln eggs to rein in prices-Xinhua

Bangladesh to import nearly 190 mln eggs to rein in prices

Source: Xinhua| 2024-11-20 00:54:30|Editor: huaxia

DHAKA, Nov. 19 (Xinhua) -- Bangladesh's Ministry of Commerce on Tuesday approved 42 firms to import 188 million eggs to stabilize prices and ensure the availability of the essential commodity.

According to the ministry's statement, the import permission will expire on Jan. 31, 2025.

With the latest decision of the ministry, some 50 companies so far got approval for bringing around 300 million eggs from abroad since October.

In recent days, Bangladeshi people reportedly cut consumption of eggs as the price of eggs rose to 180 to 190 taka per dozen in October due to a supply crisis at local markets.

According to the Bangladesh Egg Producers Association, the country requires between 35 and 40 million eggs per day to meet demand, and a majority of the eggs are sourced from domestic producers. (1 U.S. dollar equals about 120 taka)

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