Sugar prices hiked

Business

Sugar prices hiked

Sun News Desk: The price of refined sugar hiked by Tk 5 per kg which will be effective from February 1.

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Bangladesh Sugar Refiners Association (BSRA) confirmed the matter through a press release on Thursday.

As per the new price rate, the loose sugar will be sold at Tk 107 per kg, while packaged sugar will be sold at Tk 112 per kg.

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Sugar price was increased considering unrefined sugar price hike in the global market, the dollar exchange rate and the production costs of local refining mills, the press release said.

Earlier, the government fixed the prices of loose and packaged sugar at Tk 102 and Tk 108 per kg respectively.

Sun News/MR

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