The Trading Corporation of Bangladesh (TCB) has reduced sugar price by Tk1 per kg to sell at Tk43 per kg now as its demand marked a rise further ahead of Eid-ul-Fitr, reports BSS.
"Sugar will now be sold at Tk43 per kg instead of Tk44. The step has been taken to keep its supply and price stable in the market," said an official at the commerce ministry on Sunday.
Meanwhile, the fourth phase sales of essential commodities through TCB trucks and dealers will continue till the celebration of the Eid-ul-Fitr, the largest religious festival for Muslims.
The commerce ministry officials said the government has enough stock of edible oils, sugar and chickpeas and there is no possibility of short supply of these essentials.
The TCB started selling edible oils, pulses, sugar and chickpeas in the open market on June 23 to ensure smooth supply of essentials during Ramadan, and will continue doing so until Eid.
The essentials are being sold through TCB's sales centres in Dhaka, Chittagong, Khulna, Rajshahi, Rangpur, Barisal and Sylhet and through its countrywide dealers.