Trading Corporation of Bangladesh raises sugar prices

The state-owned Trading Corporation of Bangladesh (TCB) has raised the prices of edible oil, sugar, and lentils ahead of starting truck-based commodity sales from today (Thursday)., reported The Financial Express.

In Dhaka and Chittagong, the items along with sugar will be sold through 50 and 20 trucks respectively, while 620 trucks will be used in six other divisions across the country. The sale will continue until June 3.

However, the latest price hike, announced just ahead of Eid-ul-Azha, has drawn attention. The sugar is now priced at Tk 85 per kg, a Tk 15 rise.

Consumers holding TCB smart cards will be allowed to purchase up to 2 litres of edible oil, 2 kilograms of lentils, and 1 kilogram of sugar.

TCB conducts these subsidised sales through its dealers to provide relief to low-income families, distributing key food items such as oil, lentils, sugar, and rice.

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