TCB hikes sugar price
State-owned Trading Corporation of Bangladesh will start selling sugar from today to the family card holders for Tk 70 a kg, a rise by 16 percent or Tk 10 from the previous price.
The price hike comes less than a week after the government gave the private refiners the nod to hike prices of the sweetener by 15 percent or Tk 16 per kg at the retail level.
The TCB in a press release yesterday said it will sell three commodities -- sugar, lentil and bottled soybean oil -- to one crore family card holders for the month of May. The state agency, however, has kept the prices of the two other essentials unchanged.
Each card holder would be able to buy a maximum one kg of sugar at Tk 70, two kgs of lentil at Tk 70 per kg and two litres of soybean oil at Tk 110 per litre.
Holders of family cards can buy the essentials either from a dealer's shop or from a spot, said the agency that sells the commodities among low-income families at subsidised prices.