Published : 16 Mar 2026, 02:13 AM
Updated : 21 Aug 2026, 03:28 PM
The government will form a fact-finding committee to examine the “illogical” gap between wholesale and retail market prices, Commerce Minister Khandaker Abdul Muktadir said on Sunday.
He inspected prices at different wholesale shops at Khatunganj Trade and Industries Association in Chattogram on Sunday.
The committee will comprise officials from the administration, representatives from the business community, and other professionals as needed.
It will submit recommendations after reviewing its findings, he added.
“It is natural for domestic prices to be affected by international market trends, the dollar’s value, or transportation costs,” Muktadir said.
“The government, however, remains vigilant to ensure that goods do not experience unreasonable spikes due to internal mismanagement or market manipulation.”
The commerce minister emphasised that traders should not face “unnecessary harassment” amid the ongoing market monitoring.
Highlighting the relative stability of edible oil prices during Ramadan, he said: “This is a positive development compared to past decades.”
He thanked traders for maintaining reasonable prices this year, noting that the market had avoided the sharp increases observed in previous Ramadans.
