Prices of some varieties of rice have suddenly increased by around Tk3-8 a kilogram in Dhaka over the past week Mehedi Hasan/Dhaka TribuneRice traders claimed that the prices went up as mill owners hiked the prices at mill gatesPrices of some varieties of rice have suddenly increased by around Tk3-8 a kilogram in Dhaka’s kitchen markets over the week. Rice traders claimed that the prices went up as mill owners hiked the prices at mill gates. "Since there is no effective market monitoring system in place, traders and millers are taking advantage of the situation and increasing rice prices also," he alleged. The government has taken three initiatives to balance the rice market. However, he also hinted that the prices of rice might increase more since the government fixed the highest price this time.

Source: Dhaka Tribune November 18, 2019 17:26 UTC