The prices of rice increased by Tk 50 per sack after imports from India stopped. At Mirpur, retailers were selling the fine verities of rice at Tk 57 to Tk 64 per kg, medium standard rice at Tk 48 to Tk 54 and coarse rice at Tk 44 to Tk 50. According to the Trading Corporation of Bangladesh or TCB, rice prices increased by around 15 percent in a year until August. The transport cost of paddy has also increased by Tk 1,000 per tonne, he said, hinting at raising the prices of rice at his mill. A hike in rice prices by the millers was reflected in the words of Abdus Samad, president of the district’s Rice Mill Owners Association.

Source: bd News24 November 07, 2021 18:14 UTC