Last-minute Eid market lifeless this year
Skip to main content
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
The Business Standard

Sunday
March 26, 2023

Sign In
Subscribe
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
SUNDAY, MARCH 26, 2023
Last-minute Eid market lifeless this year

Markets

Jahidul Islam
23 May, 2020, 01:05 pm
Last modified: 23 May, 2020, 05:02 pm

Related News

  • Need a dinner plan? Try asking your shopping cart
  • Nagad offers BPL tickets on payment 
  • India and China, a 2023 tale of two markets
  • Bank of England widens bond purchases over market turmoil
  • Agora launches flagship outlet in Uttara

Last-minute Eid market lifeless this year

Eid sales are poor as many people did not get paid due to the coronavirus outbreak

Jahidul Islam
23 May, 2020, 01:05 pm
Last modified: 23 May, 2020, 05:02 pm
Photo: Saikat Bhadra
Photo: Saikat Bhadra

Eid-ul-Fitr will be observed either on Sunday or Monday, depending on sightings of the moon. During this time every year, people usually become busy buying vermicelli, sugar, raisins, and atop and polao rice after they are done shopping at malls.

However, due to the novel coronavirus outbreak in the country, the situation is different this year. People are buying less as they suffer from various problems including job loss, less or no salary and bonus, etc., caused by Covid-19.

Samina Akhter, who works in a brokerage house, was returning home after buying two packets of vermicelli, one packet of raisin, one kilogram of fragrant rice, one kilogram of sugar, and two litres of milk.

For Eid day, she intends to buy two kilograms of beef, two broiler chicken, and two kilograms of atop rice powder.

"Usually, I buy six to eight packets of vermicelli ahead of Eid, but I have bought less this year as no guests will come. I have bought vermicelli just for my children," she said.

"As the stock market is going through difficulties, I have not received my salary for the last two months. My husband, who works in a private company, got a portion of his salary for April, but no bonus. So, we are not in a position to buy a lot," she added.

Regarding sales during Eid, Swapno salesperson Jayedul Islam said it is less than last year.

"Only affluent people are buying stuff, while middle-income and poor people cannot buy anything."

Sweet products manufacturer Bonoful, Madhuban, Alauddin Sweets, Fulkoli, Vikrampur Mistanno Vandar, etc. have experienced poor sales compared to previous years, their sales representatives said.

Though the sale of necessary Eid products is not up to the mark, those are being sold at a higher price in various markets of the capital.

In Karwan Bazar, the price of unpackaged vermicelli increased by Tk30-35 per kilogram.

On the other hand, the price of milk hiked by Tk5, whereas powder milk prices increased by Tk30-40 per kilogram.

Because of the high price, people are buying less meat. Meat sellers said a customer is not buying more than two to three kilograms of meat.

Abul Barek, a meat seller from the capital's Kathalbagan market, said a kilogram of beef was sold at Tk650 and mutton at Tk900. Middle-class people usually buy four to five kilograms of meat, but now they are buying one or two kilograms, he added.

Top News

Shopping malls / Eid shopping / Eid sales / Shopping / markets

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • International Monetary Fund Managing Director Kristalina Georgieva attends the COP27 climate summit in Sharm el-Sheikh, Egypt November 9, 2022. REUTERS/Thaier Al-Sudani/File Photo
    IMF says risks to financial stability have increased, calls for vigilance
  • Photo: Collected
    Russia-Bangladesh ties go in line with promotion of regional security: Putin's message on Independence Day
  • Pakistan accords high importance to fraternal ties with Bangladesh: Shehbaz
    Pakistan accords high importance to fraternal ties with Bangladesh: Shehbaz

MOST VIEWED

  • Photo: Reuters
    Broiler prices fall by Tk40, to fall further within days
  • Eggplant price jumps to Tk100, chicken still dearer
    Eggplant price jumps to Tk100, chicken still dearer
  • Photo: Rajib Dhar/TBS
    Iftar market pulls huge crowds on first Ramadan
  • Is war alone to blame for costlier Ramadan?
    Is war alone to blame for costlier Ramadan?
  • File photo
    Gold prices go up again within 24 hours
  • File photo
    No respite for Ramadan yet: Essential prices heat up, consumer demand cools

Related News

  • Need a dinner plan? Try asking your shopping cart
  • Nagad offers BPL tickets on payment 
  • India and China, a 2023 tale of two markets
  • Bank of England widens bond purchases over market turmoil
  • Agora launches flagship outlet in Uttara

Features

Photo: Pexels

AROUND THE TOWN

8h | Splash
BTS Jimin. Photo: Collected via Billboard

BTS's Jimin becomes 1st solo artist to cross 1 million first day sales

8h | Splash
Photo: Courtesy

New rendition of timeless song 'Joy Bangla Banglar Joy' released in celebration of Independence Day

8h | Splash
Bob Dylan was one of the marquee performers in 'Concert for Bangladesh' in 1971

Bob Dylan goes back in time to 'Concert for Bangladesh'

9h | Splash

More Videos from TBS

Munshiganj's Ariyal Bill is famous for its sweet pumpkin

Munshiganj's Ariyal Bill is famous for its sweet pumpkin

3h | TBS Stories
“Want to be a good guitarist? Practice and practice”

“Want to be a good guitarist? Practice and practice”

1h | TBS Entertainment
Russia's last resort Asia after UEFA and FIFA ban

Russia's last resort Asia after UEFA and FIFA ban

4h | TBS SPORTS
Why British citizens are considering Brexit as a mistake?

Why British citizens are considering Brexit as a mistake?

9h | TBS World

Most Read

1
Sadeka Begum. Photo: Courtesy
Panorama

Sadeka's magic lamp: How a garment worker became an RMG CEO

2
Photo illustration: Steph Davidson; Getty Images
Bloomberg Special

Elon Musk's global empire has made him a burning problem for Washington

3
Photo: Bangladesh Railway Fans' Forum
Bangladesh

Bus-train collides at capital's Khilgaon on Monday night

4
Photo: Collected from Facebook
Bangladesh

Arav Khan under UAE police 'surveillance'

5
Sabila Nur attempts to silence critics with university transcripts
Splash

Sabila Nur attempts to silence critics with university transcripts

6
Sehri, Iftar timings this year
Bangladesh

Sehri, Iftar timings this year

EMAIL US
[email protected]
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2023
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - [email protected]

For advertisement- [email protected]