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Hilsa price hits all-time high in Chandpur


Published : 11 Oct 2024 09:54 PM | Updated : 11 Oct 2024 09:54 PM

Hilsha price in Chandpur have surged to an unprecedented level as mother hilsa conservation initiative will begin from October 13 in the waterways of Chandpur, where catching, stocking, and trading of hilsa fish will be prohibited.

The price of hilsa increased to between 500 and 600 taka per kilogram on Thursday, which, according to traders and buyers, is the first time this has happened in the history of Chandpur.

During the peak season for hilsa, the supply of hilsa at the Chandpur Boro Station fish market has decreased. A week ago, 400 to 500 maunds of hilsa were supplied here daily, but that number has now dropped to less than 100 maunds, resulting in a sudden increase in prices.

During the peak season for hilsa, the supply of hilsa at the Chandpur Boro Station fish market has decreased. A week ago, 400 to 500 maunds of hilsa were supplied here daily, but that number has now dropped to less than 100 maunds, resulting in a sudden increase in prices.

Currently, hilsa weighing 1 kg is being sold at Tk 2,400 to Tk 2,500, which was Tk 1,800 to Tk 2,000 a week ago. Additionally, hilsa weighing more than 1 kg is being sold at Tk 2,700 to Tk 2,800. Smaller-sized hilsa, which was previously priced at Tk 500to Tk 600 taka per kg, is now selling at Tk 1,200 to Tk1,300.

The buyers are angry as the price increased before the ban. Traders have reported that fishermen are returning to shore with their nets and boats before the ban takes effect, resulting in a decrease of supply.

Abdul Bari Jamadar Manik, president of the Chandpur Motsho Bonik Samiti, said from October 13, the sale of all types of fish at the fish market will be prohibited. Due to the decrease in the supply of hilsa, prices have reached record levels.