News
Bangladesh Small and Cottage Industries Corporation (BSCIC) reduces iodine price
Summary
Updated on : 31-01-2021
Bangladesh Small and Cottage Industries Corporation (BSCIC) has re-fixed the price of potassium iodate (iodine), the main ingredient in iodised salt, to ensure production of a moderate amount of iodised salt and supply at a fair price to the consumer.
The price of potassium iodate per kg has been fixed at Taka 2,500 instead of Taka 3,000 from 1 January 2021, said a press release.
In the fiscal 2017-18, the price of potassium iodate was reduced from Taka 4,700 per kg to Taka 3,000.
Potassium iodate is used for iodising salt which is not produced in Bangladesh. It has to be imported from abroad.
Seventy to ninety grams of potassium iodate is required to add enough amount of iodine per ton of salt. About 30 metric tons of potassium iodate is used to add iodine to salt every year.
Source: DHAKA, Jan 22, 2020 (BSS)
Most Recent News
| Title | Category | Created On |
|---|---|---|
| Bangladesh Small and Cottage Industries Corporation (BSCIC) reduces iodine price | Import/Export | 2021-01-27 13:38:46 |
| LC opening timeframe for rice import by private sector extended till Jan 31 | Import/Export | 2021-01-27 13:25:34 |
| MoU signed between Sonali Bank and CCI&E to simplify trade | Trade | 2021-01-12 12:25:15 |
| Fair Technology to set up Hyundai car manufacturing plant in Bangladesh | General | 2021-01-12 12:09:14 |
| Rice import duty reduced to 25 percent | Import/Export | 2021-01-03 15:44:30 |
Search All News
