Sugar disappears from Dhaka stores amid high price

UNB :
Loose sugar was on Wednesday selling in Dhaka markets atTk135 to Tk 140 per kg – much higher than the government-fixed price – citing short supply.

On April 8, the government set price at Tk104 per kg for loose sugar and at Tk 109 for packaged sugar. Consumers, however, complained the ceiling hardly worked.

In the retail market packaged sugar has hardly been available. And even for the loose sugar the consumers have to pay Tk135 to 140 or per kg, up from Tk120 to 125 a kg last week. On Wednesday, during visits to different markets in the capital this correspondent saw no packaged sugar in the stores.

Traders reported no supply of sugar since Eid-ul-Fitr festival late last month.