Rice prices spiking again - News Summed Up

Rice prices spiking again


After an increase in July-August, rice prices are rising again. "We used to sell BRRI 28 rice at Tk 56-57, but now it's Tk 60. Sayem hopes that prices will drop once the new BRRI 28 rice arrives next month. Right now, prices for all rice types are rising, with BRRI 28 seeing the highest increase of about Tk 5. If anyone raises prices unreasonably, we will take action.”Meanwhile, to keep rice prices affordable, the National Board of Revenue, or NBR, reduced both import duty and regulatory duty on Sunday and also withdrew advance tax.


Source: bd News24 October 22, 2024 05:01 UTC



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