EggWire

Bangladesh minister warns egg traders against price gouging

Bangladesh's Commerce Minister Khandakar Abdul Muktadir urged egg suppliers not to create artificial shortages or excessive profits, citing production costs rising to about Tk 11/egg from Tk 7.91 in January due to costlier corn and soybean feed. Industry proposed one-to-1.5-month egg storage systems and tax relief to smooth seasonal price swings.

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