Bangladesh Trade and Tariff Commission (BTTC) on Wednesday sent a proposal to the Ministry of Commerce to fix the new price of sugar.

In response to the price hike proposal of the sugar refiners’ association, the BTTC recommended raising loose sugar price by Tk 16 from Tk 104 per kg to Tk 120 and packaged sugar price to Tk 125 per kg from Tk 109, according to the Commerce Secretary Tapan Kanti Ghosh.

The secretary said this while speaking with media personnel after a workshop on informing the stakeholders about the Import Policy Order-2021-2024 to ensure the quality of imported food at the conference room of the ministry.

Tapan Kanti said that Bangladesh Trade and Tariff Commission was asked to take a decision to adjust the sugar price following a letter sent by Bangladesh Sugar Refiners Association a few days ago as the price of sugar and dollar in the international market increased which caused reduction in sugar imports.