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Karwan Bazar traders announce Ramadan price cuts

Karwan Bazar traders announce Ramadan price cuts
Photo: Tahjib Islam Jami/TIMES

Traders at the capital’s Karwan Bazar on Monday announced price reductions on several essential commodities, including lemon, edible oil, sugar and beef, aiming to ease consumers’ burden as the holy month of Ramadan is underway.

The announcement came at a press conference organised by Islamia Shanti Samiti at the kitchen market of Karwan Bazar.

Business leaders said they have decided to lower prices by reducing their profit margins in consideration of consumers during the holy month of Ramadan.

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According to the traders, the price of lemon will be reduced by Tk2 per piece, edible oil by Tk1 per litre, sugar by Tk1 per kg, gram (chhola) by Tk2 per kg, Tang (200g packet) by Tk5, beef by Tk30 per kg and Miniket rice by Tk1 per kg.

Lemon traders said lemons are sold in different categories depending on quality and source. Premium-quality lemons are currently sold at up to Tk17 per piece, while lower-grade ones sell for as low as Tk3. Prices of all categories will be reduced by Tk2 per piece, they added.

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Edible oil traders said they will cut Tk1 per litre. A five-litre bottle, previously sold at Tk 920, will now be available at Tk915.

Traders also said packaged sugar, which has a printed price of Tk105 per kg and was being sold at Tk102, will now be sold at Tk101 per kg. The price of gram has been reduced from Tk85 to Tk83 per kg.

Beef traders announced a Tk30 reduction per kg, bringing the price down to Tk750. Miniket rice will also be sold at Tk1 less per kg, they said.

Among others, Saiful Islam Milon, MP from Dhaka-12 constituency, and business leaders of Karwan Bazar were present at the press conference.

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