Traders have promised not to raise prices of sugar and edible oils during the holy month of Ramadan as there is sufficient stock of the essentials.
Vice-President of Bangladesh Vegetable Oil Refiners Association and City Group Chairman Fazlur Rahman also announced on Wednesday that on the contrary, the prices of edible oils would lower by minimum Tk 1 per litre since the prices had dropped in the global market.
"The final decision will be taken after talks with other members of the association," he added.
The announcement came from a meeting held at the conference room of the Commerce Ministry, with Commerce Secretary Golam Hossain in the chair.
Vice-President of Bangladesh Vegetable Oil Refiners Association and City Group Chairman Fazlur Rahman also announced on Wednesday that on the contrary, the prices of edible oils would lower by minimum Tk 1 per litre since the prices had dropped in the global market.
"The final decision will be taken after talks with other members of the association," he added.
The announcement came from a meeting held at the conference room of the Commerce Ministry, with Commerce Secretary Golam Hossain in the chair.
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