Sugar, oil defy govt rates as other essentials get pricier  | The Business Standard
Skip to main content
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Friday
May 30, 2025

Sign In
Subscribe
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
FRIDAY, MAY 30, 2025
Sugar, oil defy govt rates as other essentials get pricier 

Economy

Jahir Rayhan
24 September, 2021, 10:10 pm
Last modified: 24 September, 2021, 10:31 pm

Related News

  • Oil prices set for weekly gain on China stimulus optimism
  • Efforts underway to stabilise market ahead of Ramadan: Commerce adviser
  • Oil prices set for 9% weekly gains on threat of wider war in the Middle East
  • Oil prices jump 4% on Iran's missile attack on Israel
  • Oil settles over 1% higher on mounting tension in Europe, Mideast

Sugar, oil defy govt rates as other essentials get pricier 

Lentils, flour and broiler prices have spiked further putting the low-income people in a bind amid the pandemic-led crises

Jahir Rayhan
24 September, 2021, 10:10 pm
Last modified: 24 September, 2021, 10:31 pm
Sugar, oil defy govt rates as other essentials get pricier 

Highlights

  • Sugar, oil cost Tk10-Tk20 more than govt fixed rates 
  • Coarse rice at Tk50-Tk52, miniket Tk62-Tk65 per kg
  • There are almost no vegetables below Tk50 per kg  
  • Lentils, broilers, flour and eggs are pricier too   
  • Consumer rights activist calls for government measures  

Customers have to pay Tk10 and Tk20 more respectively for one kilogram of sugar and one litre of edible oil than the rates the government fixed earlier this month to rein in the soaring food essentials.

Lentils, flour and broilers have now also joined the price hike rally weighing on the low income people who already have sustained a virus-led blow to income.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

In the face of spiralling prices, the commerce ministry on 5 September fixed the retail rates of soybean oil at Tk129 per litre. On 9 September, the rates of non-brand and branded sugar were set at Tk74 and Tk75 per kg respectively.

But branded sugar was at Tk85-Tk86 in Dhaka's Karwan Bazar on Friday while the unrefined red sugar was at Tk90 per kg. Non-brand soybean oil was selling at Tk142 and the bottled oil at Tk150.

"How would I manage three meals a day for the family if the market keeps surging?" asked Manik Sikder, a customer at Karwan Bazar.

Not just sugar and oil, non-brand flour that was at Tk38 per kg also spiked to Tk45, while the branded flours were at Tk100.

Chicken prices started to pick up since the virus curbs were lifted in August. The uptrend pushed the white meat by Tk20 in around two weeks to Tk160 per kg now. The Sonali breed was at Tk300, up from the previous Tk250 per kg.

"The supply falls short of the demand. This gap has edged up broiler prices," said Amjad Hossain, a poultry seller at Karwanbazar.

Many poultry firmsA series of pandemic-led lockdown

The price of eggs has also been rising for several weeks. It has risen by Tk15-Tk20 per dozen in a month to Tk115 now. Small sized lentils were at Tk110 per kg, up by Tk10 per kg in a week.

Prices of almost all vegetables have gone up by Tk15-20 per kg in a week. Brinjal, bitter gourd, ridge gourd and okra were above Tk55-60 per kg. Fish prices also spiralled by Tk20 per kg in the last week, said a Karwanbazar seller.

Staple rice market was also volatile — coarse rice was at Tk50-Tk52 while the premium miniket at Tk62-Tk65 per kg.

Ghulam Rahman, president of Consumers Association of Bangladesh (CAB), said, "The government should take action against the traders who are flouting the fixed rates. Besides, the supply chain has to be improved in order to keep the overall market stable."

"Thousands lost their jobs in the pandemic as many faced income crunch. People ran out of their savings too. The government has a responsibility to support them," he said.

Top News

sugar price / Oil price / Prices of daily essentials

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Deep depression over Bay of Bengal on 29 May. Photo: ANI
    Heavy rain, tidal surges trigger flood warnings as deep depression crosses coast
  • Powerful tidal surges from the Meghna River flooded more than 100 villages in four coastal upazilas of Lakshmipur on 29 May 2025. Photo: TBS
    Meghna tidal surge floods over 100 villages as incessant daylong rain batters Lakshmipur
  • Attackers vandalise the windows of the residence of Jatiyo Party (JaPa) Chairman GM Quader and set fire to a motorcycle in Rangpur on 29 May 2025. Photo: TBS
    Jatiyo Party chief GM Quader's Rangpur house attacked; NCP, SAD activists blamed

MOST VIEWED

  • Dhaka areas at a gridlock on Wednesday, 28 May 2025. Photo: Syed Zakir Hossain/TBS
    BNP, Jamaat rallies: Traffic clogs Dhaka roads, including Motijheel, Paltan, Dainik Bangla intersection
  • IFIC Bank receives Tk6,000 cr in new deposits in six months
    IFIC Bank receives Tk6,000 cr in new deposits in six months
  • Mohammad Abdul Mannan, chairman FSIB Ltd. Sketch: TBS
    FSIB to bounce back soon
  • Abdul Awal Mintoo, chairman of National Bank Limited. Sketch: TBS
    'Regulatory support must for National Bank to restore depositors' confidence'
  • Md Nazrul Islam Swapan, chairman of EXIM Bank. Sketch: TBS
    Exim Bank restored depositors’ confidence, overcoming challenges
  • Mohammad Mamdudur Rashid, managing director and CEO, UCB. Sketch: TBS
    Customers’ trust and confidence fueling deposit growth at UCB

Related News

  • Oil prices set for weekly gain on China stimulus optimism
  • Efforts underway to stabilise market ahead of Ramadan: Commerce adviser
  • Oil prices set for 9% weekly gains on threat of wider war in the Middle East
  • Oil prices jump 4% on Iran's missile attack on Israel
  • Oil settles over 1% higher on mounting tension in Europe, Mideast

Features

For hundreds of small fishermen living near this delicate area, sustainable fishing is a necessity for their survival. Photo: Syed Zakir Hossain

World Ocean Day: Bangladesh’s ‘Silent Island’ provides a fisheries model for the future

6h | The Big Picture
The university will be OK. But will the US? Photo: Bloomberg

A weaker Harvard is a weaker America

6h | Panorama
The Botanical Garden is a refuge for plant species, both native and exotic. Photo: Mehedi Hasan/TBS

The hidden cost of 'development' in the Botanical Garden

7h | Panorama
Stillbirths in Bangladesh: A preventable public health emergency

Stillbirths in Bangladesh: A preventable public health emergency

7h | Panorama

More Videos from TBS

Record migrant deaths in 2024

Record migrant deaths in 2024

3h | Podcast
News of The Day, 29 MAY 2025

News of The Day, 29 MAY 2025

5h | TBS News of the day
Businesses set for relief as interim govt eyes major tax & fine cuts

Businesses set for relief as interim govt eyes major tax & fine cuts

8h | TBS Insight
Love is essential for human life

Love is essential for human life

8h | TBS Programs
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net