03/07/2013 (Daily Star) - Traders yesterday fixed the prices of sugar and edible oil for the month of Ramadan starting next week.

The mill gate price of per kilogram sugar has been set at Tk 41.5, while the maximum wholesale price at Tk 42.5 and the retail price at Tk 45.5.

As for palm oil, the mill gate price will be Tk 69 per litre, the wholesale price at most Tk 70 and the retail price between Tk 73 and Tk 75.

The mill gate price of soybean (loose) oil has been fixed at Tk 101 a litre, the wholesale price Tk 102 and the retail price Tk 105, the commerce ministry said in a statement.

Likewise, the price of per litre bottled soybean oil would be Tk 127 instead of Tk 132.

The decision came at a meeting chaired by Commerce Secretary Mahbub Ahmed.

The Federation of Bangladesh Chambers of Commerce and Industry will hang a list at every market to ensure that the prices are upheld.

Additionally, the government’s monitoring teams would strengthen their surveillance during the month of Ramadan.

Meanwhile, the prices of other essential items such as gram, lentil and date, too, have been decided: they would remain as usual.