The refiners will increase the price of sugar by Tk 5 per kg from February 1.
As per the new price rate, loose sugar will be sold at Tk 107 per kg, currently sold at Tk 102 per kg, while packaged sugar will be retailed at Tk 112 per kg, being sold at Tk 107 per kg.
The Bangladesh Sugar Refiners Association said the decision was made after considering the price of sugar in the international market, the dollar exchange rate, and the production costs of local refiners, said a press release on Thursday.
