Essential commodity prices in Bangladesh have risen sharply ahead of Ramadan, with traders accused of manipulating the market. Within just two days, sugar prices increased by up to Tk 5 per kilogram, now selling at Tk 95–115 in retail markets. Rice, potatoes, garlic, and lentils have also seen notable hikes, with Trading Corporation of Bangladesh (TCB) data showing sugar prices up 2.5% in a week and rice up to 8.57% higher than last year.
Consumer rights groups, including the Consumers Association of Bangladesh (CAB), have condemned the price manipulation, urging authorities to identify and monitor the syndicates responsible. CAB Vice President S.M. Nazer Hossain stated that there is no sugar shortage, as imports have increased and global prices have fallen. Despite this, traders are exploiting Ramadan demand to inflate profits.
The Directorate of National Consumer Rights Protection has pledged intensified monitoring during Ramadan. Analysts warn that without strict oversight, consumers may face severe hardship during the fasting month, despite adequate supply and stable foreign exchange conditions.