Home ›› 12 Oct 2021 ›› News
Amid a recent surge in prices of essential commodities in kitchen markets, the low-income people queued at the Trading Corporation of Bangladesh’s (TCB) truck sale points in different parts of the capital on Monday, especially to buy soybean oil at low prices.
Not only them but the middle-income people also queued to purchase soybean oil as rising prices had affected them too.
These two groups across the country are in big trouble as soybean oil prices recently went up like that of vegetables, rice, pulse, and other essential commodities.
The TCB set non-bottled soybean oil price at Tk 135-140 per litre for Monday, which was Tk 130-135 a month ago.
A five-litre bottle of soybean oil price was set at Tk 680-720, which was Tk 680-715 a month back.
Besides, super palm oil price was fixed at Tk 130-135 per litre, up from Tk 128-130 a month ago.
Non-bottled palm oil price was set at Tk 125-130, up from Tk 118-125 a month back.
Oil prices rose by Tk 40 compared to this time of last year.
On Monday, soybean oil at several kitchen markets in the capital was selling at prices higher than what was set by the TCB.
For example, bottled soybean oil was sold at Tk 152-155 per litre while a two-litre bottle was sold at Tk 308.
Many consumers expressed anger, saying life had become difficult for them due to the increase in the prices of commodities.
Kohinoor Akter, a low-income woman who went to Karwan Bazar to buy vegetables, said people in her income group would have to starve if prices kept increasing this way.
Milon Mia, a resident of Rampura working in the corporate sector, said it had become tough for him to survive with his income due to the price hike.
“Prices are increasing, but our income is not. The government has to control prices so that the commodities are affordable for the general people.”
