Commodities

Commodities

Market-based pricing can cut fuel prices by Tk 10-15 a litre: CPD

The existing automatic pricing formula does not reflect global markets, the think-tank says

2d ago

Aromatic rice production nearly doubles in seven years

10.23 lakh tonnes of aromatic rice was produced in FY24, up from 5.79 lakh tonnes in FY18

6d ago

Refiners shelve plan to hike edible oil prices

Edible oil refiners have withdrawn a decision to increase prices of soybean and palm oil before Ramadan. .On January 21, the Bangladesh Vegetable Oil Refiners and Vanaspati Manufacturers Association wrote a letter to the commerce secretary, informing that they would not be increasing the

1w ago

Withdraw increased VAT, duties on processed food items: agro-processors

The Bangladesh Agro-Processors' Association submitted a memorandum to the NBR

1w ago

Suspend potato imports: cold storage owners

The NBR has allowed potato imports through nine more customs stations along with four existing ones

1w ago

Potato imports facilitated despite massive price fall

The National Board of Revenue (NBR) has allowed the use of nine more customs stations for the import of potatoes, specifically from Nepal and Bhutan, aiming to diversify supply sources and reduce dependency on India..The nine stations include Rohonpur in Chapainawabganj, Sonahat in Kurigra

1w ago

Rules relaxed to import 3 lakh tonnes of rice

50,000 tonnes of white rice will also be purchased from Pakistan

2w ago

Food processors protest tax hike

They also urge govt not to raise gas prices

2w ago

‘We don’t have Aladdin’s lamp to suddenly lower commodity prices’

Commerce adviser says after meeting with Turkish trade minister

3w ago

Can Bangladesh benefit from falling commodity prices in 2025?

Bangladesh relies heavily on imports of essential food items such as edible oils, lentils, onions, sugar, and spices, which have seen a 5 percent year-on-year price increase.

1m ago

Falling prices become a headache for onion farmers

The growers dumped onion on Pabna-Sujanagar road demanding a fair price

1m ago

Joypurhat Sugar Mill starts 62nd sugarcane crushing season

This time, the mill will be operated for 34 days

1m ago

Poultry association cancels decision to halt production

They backtracked from the decision after the government promised to address their 10-point demand

1m ago

Import duty, tax on sunflower, canola oil removed

The NBR extends 5% VAT benefit until March 31 next year

1m ago

Oil drops from highest in weeks, focus on Fed rate cuts

Falls were limited, however, by concerns of supply disruptions in the event of more US sanctions on major suppliers Russia and Iran

1m ago

BTTC for 25% duty on rice bran oil export

The Bangladesh Trade and Tariff Commission (BTTC) has recommended that the government impose a 25 percent regulatory duty on the export of crude and refined rice bran oil to discourage shipments and increase domestic supply..The suggestion comes in response to soaring cooking oil prices in

1m ago

Tariff commission suggests 25% regulatory duty on rice bran oil exports

The suggestion comes in response to soaring cooking oil prices

1m ago

Govt to buy 1.40cr litres of edible oil

The interim government will procure 1.40 crore litres of edible oil from S Alam Super Oil Ltd for sale among low-income people at subsidised rates through the Trading Corporation of Bangladesh (TCB)..The advisory council on public procurement endorsed the proposal at a meeting in Banglades

1m ago