Supply plummeted during the transport strike that continued for three days, Siddiqur Rahman, a wholesaler at Dhaka’s Karwan Bazar, said on Sunday. 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 per cent in a year until August. 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 08, 2021 02:49 UTC