FBCCI urges traders not to hike price of rice ahead of Eid


FE Team | Published: June 02, 2022 19:03:55 | Updated: June 04, 2022 17:01:11


FBCCI urges traders not to hike price of rice ahead of Eid

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has called upon the traders not to increase the price of rice.

The apex trade body urged this at an exchange meeting on import stocks, supplies, and prices of essential commodities at the FBCCI board room in the city.

FBCCI President Md Jasim Uddin, in his speech, said traders have to stop their tendency to increase prices whenever they get a chance, reports BSS.

He called upon the ministry to enact separate laws for companies selling packaged rice in the market.

He informed that there will be no shortage of edible oil in the market on the coming Eid-ul-Adha and the prices will remain within the affordable range.

"There is good supply of oil in the market. Besides, oil importers demanded to review the price of oil every 15 days," he added.

He also said that the supply of onions in the market is normal and that there will be no problem in the price or supply of onions in the market during Eid.

Jasim Uddin urged the government to strengthen its supervision for controlling the price of essential commodities.

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