From March 7, TCB will sell sugar at Tk 100 a kg
Senior Commerce Secretary Tapan Kanti Ghosh says
Loose sugar will be Tk 120 a kg, packaged sugar Tk 125
Indian mills produced 31.1 million tonnes of sugar since the current season began on October 1, a fall of 5.4 per cent year on year, as many mills closed early due to limited availability of sugar cane, a leading trade body said on Tuesday.
Sugar prices have reached a record high internationally, which has had a ripple effect on Bangladesh’s wholesale markets, including those in Dhaka and Chattogram.
From April 8, loose sugar will be Tk 104 per kg, packaged Tk 109
The commerce ministry yesterday asked millers and refiners to reduce sugar price by Tk 5 per kilogramme at the retail level three weeks after the revenue authority reduced import duty for raw and refined sugar in a bid to bring down the prices of the sweetener.
The commerce ministry will ask the refiners and millers to reduce the price of sugar by Tk 5 a kilogramme (kg) as the government has reduced the import tax and value-added tax (VAT) on the sweetener.
Sugar prices edged up in the wholesale market of Bangladesh within days after refiners declared that they would sell the sweetener at higher prices from the first day of February.
From March 7, TCB will sell sugar at Tk 100 a kg
Senior Commerce Secretary Tapan Kanti Ghosh says
Loose sugar will be Tk 120 a kg, packaged sugar Tk 125
Indian mills produced 31.1 million tonnes of sugar since the current season began on October 1, a fall of 5.4 per cent year on year, as many mills closed early due to limited availability of sugar cane, a leading trade body said on Tuesday.
Sugar prices have reached a record high internationally, which has had a ripple effect on Bangladesh’s wholesale markets, including those in Dhaka and Chattogram.
From April 8, loose sugar will be Tk 104 per kg, packaged Tk 109
The commerce ministry yesterday asked millers and refiners to reduce sugar price by Tk 5 per kilogramme at the retail level three weeks after the revenue authority reduced import duty for raw and refined sugar in a bid to bring down the prices of the sweetener.
The commerce ministry will ask the refiners and millers to reduce the price of sugar by Tk 5 a kilogramme (kg) as the government has reduced the import tax and value-added tax (VAT) on the sweetener.
Sugar prices edged up in the wholesale market of Bangladesh within days after refiners declared that they would sell the sweetener at higher prices from the first day of February.
Bangladesh economy was all set at the beginning of 2022 to get its growth momentum back after recovering from the prolonged Covid-19 pandemic. But, the start of the Ukraine war in February slowed the country’s joy run significantly, making it an eventful year to remember. Let’s see how 2022 was for Bangladesh.