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Bangladesh: Five more cos allowed to import 50m eggs.
Oct 11, 2023

In a bid to tame the overheated market, the government on Sunday gave five more companies permission to import 50 million eggs.
 
With the latest move, a total of 15 companies have so far got permission for bringing 150 million eggs from foreign sources.
 
The five companies that got the permission are M/S Lucky Enterprise, Union Venture, JFJ Paradise Connection, M/S Pinki Traders, and Layek Enterprise.
 
Earlier on September 17, four private companies- Mim Enterprise, Tiger Trading, Prime Energy, and Arnab Trading - got permission to import 40 million eggs.
 
Later on September 21, six more companies including BDS Corporation, SM Corporation, M/S Ripa Enterprise, Popular Trade Syndicate, Joynur Traders, and Cheese Gallery received permission to import eggs, according to a commerce ministry official.
 
Each of these companies could bring 10 million eggs provided they meet five conditions, including sourcing eggs from countries free from avian influenza and bird flu.
 
However, the companies that obtained permission in September are yet to bring eggs.
 
Cheese Gallery proprietor Zakir Hosain said they got IP from the Chief Controller of Imports and Exports last week and completed all formalities of LCs.
 
'We are expecting that Indian eggs will enter within this week,' he said.
 
Meanwhile, the retail price of egg declined to Tk11.70-Tk12.5 a piece in October which was Tk12.5-13.5 in September thanks to the announcement for import, said market insiders.
 
The government fixed maximum price of egg at Tk12 on September 14 last.
 
Bangladesh has a daily demand for 40 million eggs, according to the commerce ministry estimate.
    
today.thefinancialexpress.com.bd

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