Consumers Association of Bangladesh urge government not to hike sugar prices

The Consumers Association of Bangladesh (CAB) has urged the government not to hike sugar prices, reports Tbsnews.

They have protested against the decision of Bangladesh Sugar Refiners decision to hike sugar prices by Tk25 per kg.

Mill owners are against the consumers, said CAB officials.

“The mill owners are compelling consumers to purchase sugar at a higher rate ahead of Eid-Ul-Adha,” it said.

Sugar is being sold at higher rates in domestic markets than the rates fixed by the government, it said.

As per the CAB, loose sugar is sold at Tk 130-140 per kg as against the government fixed price of Tk 120 per kg for loose sugar and Tk 125 per kg for packaged sugar.

CAB raised concern over the government’s role in fixing sugar prices being taken over by Sugar Miller.

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