sugar price hike

TCB reverses decision to hike sugar prices by Tk 30 per kg

State minister assures that existing sugar stock is sufficient despite sugar mill fire

Sugar prices edge up as traders tighten supply

Sugar prices have gone up at both the wholesale and retail levels amid hoarding by traders on speculation of reduced supply after the fire incident at S Alam Refinery, one of the largest raw sugar importers and refiners in Bangladesh.

State-run mills start crushing as sugar price jumps

State-run sugar mills have started crushing locally-grown sugarcane, aiming to produce 33,000 tonnes of sugar in the current fiscal year of 2023-24, said a top official.

Sugar import duty halved

The import tariff on raw and refined sugar was halved by the National Board of Revenue (NBR) yesterday in an attempt to contain prices in the domestic market.

Govt hikes retail sugar price by Tk 16 a kg

Loose sugar will be Tk 120 a kg, packaged sugar Tk 125

Sugar price hike an effect of global market

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.   

Sugar prices edge up in wholesale market

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.    

Oil, sugar price hike yet another shock to the economy

The government must implement economic policies that deal with the ongoing crisis

State sugar agency has little to sell though prices rocket

With sugar prices making new records almost every day for a supply crunch at home and abroad, pushing up the cost of making sweetener-based foods, state-run Bangladesh Sugar and Food Industries Corporation (BSFIC) can’t increase the supply to provide some relief to consumers. 

October 25, 2022
October 25, 2022

Food makers in a pickle for sudden sugar price hike

The sudden rise in the price of sugar, a key ingredient for popular items such as biscuits, juices, sweets and candies, has pushed up the cost of production, putting manufacturers in a tight spot. 

October 25, 2022
October 25, 2022

Seven reasons behind the sugar crisis

The Directorate of National Consumers Right Protection has identified seven reasons behind the price hike and shortage of sugar, including gas crisis, not mentioning price in sales invoices and complications in opening letters of credit.

October 24, 2022
October 24, 2022

Gas crisis blamed for high price of sugar

Sugar has become dearer with prices going up by Tk 15 a kg at retail markets as millers cut supplies blaming insufficient gas flow at refineries.

May 24, 2022
May 24, 2022

India may limit sugar exports to prevent domestic price hike

India plans to restrict sugar exports for the first time in six years to prevent a surge in domestic prices and could cap this season's exports at 8 million tonnes, government and industry sources told Reuters.

March 20, 2022
March 20, 2022

Local prices of rice, oil, beef, egg, onion now higher than global markets: CPD

The prices of rice, edible oil, beef, sugar, egg and onion have risen more in Bangladesh than that of the international markets, affecting the poor people who are already suffering from erosion of purchasing capacity for pandemic caused income losses, said the Centre for Policy Dialogue (CPD) today.

June 10, 2016
June 10, 2016

Profiteers feast on sugar

Taking advantage of increased demand for sugar during Ramadan, many of the traders are making extra profits from the sweetener -- a practice that prompted strong warnings from Commerce Minister Tofail Ahmed.

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