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    	<hl1 id="Headline1" class="1" style="Headline1">
		<lang class="3" style="Headline1"  font="Blacker Pro Display" fontStyle="Regular" size="29">No let-up in  price hike</lang>
	<lang class="3" style="Headline1"  font="Times New Roman" fontStyle="Regular"  size="29"> </lang>
	</hl1>

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     <p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="Blacker Pro Display" fontStyle="Bold" size="7">FROM PAGE 1
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="Blacker Pro Display" fontStyle="Regular" size="9">gone up by Tk 5 a kg over a week, putting consumers, especially those of limited-income, in further difficulty. 
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="Blacker Pro Display" fontStyle="Regular" size="9">A kg of potatoes is now being sold at Tk 30 to Tk 35 while onions cost Tk 55 to Tk 60 a kg.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="Blacker Pro Display" fontStyle="Regular" size="9">The retail price of eggs also rose by Tk 10 a dozen. A dozen is now Tk 140-Tk 150.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="Blacker Pro Display" fontStyle="Regular" size="9">“The prices of almost all essential commodities have been increasing, but not our income. How could we survive in this situation?” Sukkur Ali of West Tejturibazar told The Daily Star yesterday.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="Blacker Pro Display" fontStyle="Regular" size="9">He said he is left with no other option but to cut consumption as the fresh hike will only spell more trouble for his family.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="Blacker Pro Display" fontStyle="Regular" size="9">“I’m thinking of not providing my children and elderly mother with eggs every day as I cannot afford it after paying the rent and other fixed expenses.”
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="Blacker Pro Display" fontStyle="Regular" size="9">Anamul Haque, who works at a private bank in Chattogram, said they have already cut consumption of desserts like payesh and shemai because of the high prices of sugar.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="Blacker Pro Display" fontStyle="Regular" size="9">“Now I may have to consume these desserts once a month instead of once a week,” he said, adding that he was expecting a relief from price hike after Eid, but that did not happen.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="Blacker Pro Display" fontStyle="Regular" size="9">Visiting different kitchen markets in the capital yesterday, this correspondent saw traders selling a kg of loose sugar for Tk 130-Tk 140. Last week, its price was Tk 120 to Tk 130, according to the traders.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="Blacker Pro Display" fontStyle="Regular" size="9">Tofail Ahmed, proprietor of Al-Amin Store in Karwan Bazar, said he usually stores sugar after buying it from Moulvibazar wholesale market in Old Dhaka.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="Blacker Pro Display" fontStyle="Regular" size="9">He said suppliers at the wholesale market told him that there has been a shortage in supply for about a month.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="Blacker Pro Display" fontStyle="Regular" size="9">Tofail said last week he bought packaged sugar for Tk 125 a kg although the retail price mentioned in the packets is Tk 109. He added that he sold a one-kilogram packet of sugar for Tk 130.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="Blacker Pro Display" fontStyle="Regular" size="9">According to the National Board of Revenue, sugar imports dropped by about 25 percent, or 2.29 lakh tonnes, in the first four months of the year compared to the same period of 2022.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="Blacker Pro Display" fontStyle="Regular" size="9">The country’s annual demand for sugar is 25 lakh tonnes. But domestic production can supply only 1 lakh tonnes.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="Blacker Pro Display" fontStyle="Regular" size="9">Md Gofran, proprietor of Cumilla General Store in Karwan Bazar, said he tried to buy a few cartons (four 5-litre jerrycans) of soybean oil for his regular customers after hearing about its possible price hike on Wednesday afternoon.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="Blacker Pro Display" fontStyle="Regular" size="9">But he could not as the distributors told him that the commodity was unavailable, he said.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="Blacker Pro Display" fontStyle="Regular" size="9">He, however, could buy a few cartons at a higher price. He added that a carton cost Tk 3,560, which was Tk 3,480 on Wednesday.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="Blacker Pro Display" fontStyle="Regular" size="9">Ghulam Rahman, president of Consumers Association of Bangladesh, said hiking price of soybean oil by Tk 12 a litre is not logical.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="Blacker Pro Display" fontStyle="Regular" size="9">“The price of soybean oil has considerably declined in the international market. Although the government has withdrawn VAT privilege considering the price drop in the international market, the oil price should not have increased this much.”
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="Blacker Pro Display" fontStyle="Regular" size="9">The refiners are making extra profits giving the VAT withdrawal as an excuse. Some big companies are controlling the market in the absence of strict monitoring by the government, Ghulam said.
</lang>
</p>

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