Commodity prices shoot up in Bangladesh ahead of Ramadan

Prices of a number of essential commodities witnessed a fresh increase on Monday, ahead of more government restrictions on business activities and public movement to check COVID-19 infections and Ramadan, the fasting month of the Muslims which is likely to begin tomorrow.The city’s kitchen markets were swamped by huge crowds on Monday after the announcement of fresh restrictions on all activities across the country from Wednesday to contain the surging coronavirus infections.According to traders, there was a surge in the number of buyers in the markets as people were buying certain items in large quantities over fears of possible supply shortage during the COVID-19 restrictions in April 14-21.They said that consumers were also buying some commodities in additional quantities for Ramadan.Although the prices of rice and vegetables, which are consumed heavily in Ramadan, went up on the kitchen markets in the city on Monday, prices of other commodities had remained high for the past ...