Bangladesh Sugar Refiners Association has increased the prices of loose refined sugar and packaged refined sugar.
The price of loose sugar has been hiked by Tk5 per kg and packaged refined sugar by Tk4 per kg.
The new prices will be effective from February 1, according to a press release published by the association on Thursday.
According to the release, the price of unrefined sugar per kg has been set at Tk 107 and the price of packaged sugar has been set at Tk 112, considering the increase in the global market price of raw sugar and the increase in the dollar exchange rate and production cost.
The decision has been made after discussion with the Ministry of Commerce.
Earlier on November 17 last year, the price of sugar per kg was fixed at Tk 102 in the open market, and the price of packaged sugar was fixed at Tk 108.
