TCB to sell sugar at Tk 60, lentils Tk 70, soybean oil Tk 110

The Trading Corporation of Bangladesh (TCB) has announced selling sugar at Tk 60 a kilogramme to the one crore family cardholders during Ramadan.

The state-run agency will also sell lentils at Tk 70 a kg, soybean oil at Tk 110 a litre, chickpea Tk 50 and dates at Tk 100 a kg starting from tomorrow, according to a press release.

Dates will be sold only inside Dhaka city, the TCB statement also mentioned.

In December last year, the TCB raised the prices of sugar and lentils by Tk 5 a kg for the last time, when the prices were increased from Tk 55 a kg to Tk 60 and from Tk 65 to Tk 70 respectively.

In 2022's Ramadan, the trading corporation sold sugar at Tk 55 a kg, lentils at Tk 65 a kg, soybean oil Tk 110 a litre and onion at Tk 30 a kg.

However, nothing has changed for the general consumers as they are still paying higher prices for sugar although a week has passed since the National Board of Revenue removed the import duty on both raw and refined forms of the sweetener.

Sugar is being sold at Tk 115-120 per kg in Dhaka's kitchen markets today, according to TCB data.

Bangladesh requires 20 lakh tonnes of sugar every year and imports meet over 98 per cent of the demand for raw sugar, which mainly comes from Brazil and Argentina.