Dhaka, Jan. 26 -- Refiners moved to hike again the price of sugar by Tk 12 per kilogramme, rather preemptively, while the government prepares for adequate supply of essentials during Ramadan buying binge.

Meanwhile, as part of market-management to thwart perennial pre-Ramadan price spiral, government ministers for agriculture, commerce and food Wednesday directed deputy commissioners (DCs) at their ongoing meet to arrange market monitoring to keep prices of consumer goods stable.

Sources said the refiners' association moved to increase the price of sugar -- a most essential item -- amid the existing price spirals and acute shortage of the sweetener in retailing shops. Such move comes while their price-raise proposal is still pending.

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