- 69 importers approved to source nearly 30,000 t
- Wholesale prices fall immediately amid fresh arrivals
Green chilli imports from India through Bangladesh’s Hili Land Port resumed on 4 August after remaining suspended for more than eight months, providing immediate relief to the domestic market. The first consignment comprising three trucks entered through the port during the afternoon, while authorities prioritised customs clearance to preserve the quality of the highly perishable commodity.
Fresh import approvals improve supply outlook
Following the issuance of new import permits, a total of 69 importers have been authorised to import around 29,710 tonnes (t) of green chillies from India through Hili Land Port. The arrival of the first three truckloads marks the resumption of cross-border trade, with port authorities expediting clearance procedures to ensure faster movement of the consignments.
The restart of imports is expected to improve market availability over the coming days, provided shipments continue in line with domestic demand.
Prices decline as imports reach the market
The impact of renewed imports was immediately visible in Bangladesh’s wholesale market, where green chilli prices declined from BDT 280/kg during the morning to BDT 250/kg by the afternoon. Market participants expect prices to soften further in the coming days as additional imported volumes enter the domestic supply chain and ease existing supply tightness.
Outlook
The resumption of green chilli imports through Hili Land Port is expected to improve short-term market availability and keep downward pressure on domestic prices. The pace of future price correction will depend on the continuity of imports and the volume of arrivals relative to local demand.
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