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It is customary for the price of daily necessities to rise when there is a scarcity of those goods. As a result, the public suffers. In the retail market, the price of daily necessities needs to be stable for availability. Regular product imports can ensure it, so that there is no crisis of products.
S. Alam Group, one of the largest industrial conglomerates in the country, is committed to keeping product prices bearable by importing daily necessities, including sugar, wheat, chickpeas, onions, and oil, in bulk. The company has imported a significant amount of sugar, wheat, and oil to ensure the supply of daily necessities in the domestic market during September, October, and November of this year.
The demand for sugar for three months in the domestic market is approximately 5 lac and 50 thousand tonnes. For wheat, the domestic demand for three months is approximately 21 lac tonnes.
S. Alam Group’s imported products in the last three months are: 2 lac 25 thousand and three hundred tonnes of sugar; 1 lac 10 thousand tonnes of wheat; and 1 lac one thousand and 917 metric tonnes of edible oil (where 18 thousand and one metric tonnes are soybean, and 83 thousand and 916 metric tonnes are palm oil).
In this context, S. Alam Group stated, There is no alternative to ensuring supply of daily necessities in the market by aligning with consumer demand. Hence, just like before, S. Alam Group has taken prompt initiatives to maintain market stability during emergencies and ensure a bearable price for products. We have multifaceted plans to continuously import necessary products next year as well.
S. Alam Group fulfills 30, 20, and 35 percent of the current domestic market demand for oil, wheat, and sugar, respectively. The company is working to increase the figures to 50 percent in the future.
Messenger/Alamin
