A special FBCCI panel to monitor the prices of 46 commodities during Ramadan

Speakers at the Exchange of Views Meeting on the Current Status of Stocks, Imports, Supply and Pricing of Essential Commodities organized by the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI). Photo: Collected

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Speakers at the Exchange of Views Meeting on the Current Status of Stocks, Imports, Supply and Pricing of Essential Commodities organized by the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI). Photo: Collected

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has formed a 46-member committee to monitor commodity prices during Ramadan.

FBCCI President Jashim Uddin said this during a meeting to exchange views on the current situation of stocks, imports, supply and prices of essential commodities held at his office. today.

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He said the committee was formed to check whether 46 products are sold at the prices set by the government.

The committee will also collect and review market prices of essential commodities, supply situation, production and international market prices and conduct spot visits to the market, the FBCCI chairman said.

At the meeting, representatives of commodity production and supply companies said that the prices of basic necessities will remain stable during Ramadan, as there is no shortage of commodities in the country. right now.

Biswajit Saha, Director of City Group and Chairman of Bangladesh Oil Mills Association, said there is no possibility to store edible oil as they have to deliver the product within 15 days of issuing the vouchers. control.

Shafiul Taslim, finance and operations director of TK Group, said the entire business community must take responsibility for the market manipulation carried out by a few unscrupulous businessmen.

However, there is no fear of market volatility during Ramadan, he said, adding that mill owners have enough oil and there will be no shortage of supply on the market. Marlet.

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