Bangladesh hikes retail electricity price by 17%

Bangladesh raises fuel prices again as global costs bite

Bangladesh raised petrol and kerosene prices by 5 taka/litre (to 140 and 135 taka respectively), the second hike in six weeks, under its 2024 automatic pricing mechanism tied to global oil markets. For supply-chain and logistics managers with Bangladesh exposure, upstream cost pressure on transport and food signals margin compression and potential vendor renegotiations in the near term.