Consumer rights agency threatens action as oil, sugar supply crunch lingers

Director General AHM Shafiquzzaman says production has normalised at the refineries

Published : 16 Nov 2022, 07:40 PM
Updated : 16 Nov 2022, 07:40 PM

The Directorate of National Consumer Rights Protection or DNCRP has threatened action against refiners, saying they have not stabilised cooking oil and sugar supply although they are given enough gas and power now.   

After visiting Dhaka’s Karwan Bazar market on Wednesday, DNCRP Director General AHM Shafiquzzaman said they found soybean oil of only Sena and Pusti, but not the popular brands such as Teer, Fresh, Bashundhara and Rupchanda.

“Where have they gone?” he wondered.

Most of the shops did not have sugar. Some that had sugar were selling the packed product at Tk 108 per kg and unpacked one at Tk 103.

The government-fixed price of packed sugar is Tk 95 and unpacked sugar price is Tk 90. 

Shafiquzzaman said the companies selling packed sugar at Tk 108 will face legal action.

He said he held a meeting with the owners of the sugar and cooking oil refineries on Oct 26 to discuss the volatility in the market.

“The representatives of the oil refineries said a lack of gas was a major challenge in normalising production. After that meeting, gas supply increased following their demand and their mills are not experiencing power cuts now.”

“We’ve information that their production normalised afterwards. Then this is a big question: why enough sugar and oil is not coming to the market.”

Shafiquzzaman said the traders applied for readjustment of prices and the Trade and Tariff Commission was working on the matter.

“A decision will be made. But this matter is being used as an excuse to control supply at some places. We’ll find them out and take action against them.”

Toufique Imrose Khalidi
Editor-in-Chief and Publisher