In Bogura, wholesale and retail onion prices fell sharply on Sunday, dropping by Tk 30–35 per kilogram within a single day. Traders reported heavy losses as they rushed to sell stocks following news that letters of credit (LCs) had been opened for importing Indian onions. The sudden price fall brought relief to consumers but financial strain to local sellers.

According to market data from Rajabazar and Fatehali markets, new onions that sold for Tk 100–110 per kg on Saturday dropped to Tk 65–70 on Sunday, while old onions fell from Tk 115–120 to Tk 70–80. Traders said the market had been unstable due to limited supply and a long halt in Indian imports. The LC announcement triggered expectations of increased supply, prompting panic selling.

Local trade leaders expect prices to stabilize soon, possibly reaching Tk 50 per kg. However, they warned that the timing of import approvals, just before new domestic onions enter the market, could cause significant losses for Bangladeshi traders.