Edible oil prices rise again

BD Digest Report

The price of bottled soybean oil in the country has been increased by 4 taka per liter to a new price. From now on, bottled soybean oil will be sold at 199 taka per liter, which was previously 195 taka.

Commerce Minister Khandaker Abdul Muktadir announced this decision at a press conference held at the Commerce Ministry’s conference room on Wednesday (April 29).

Currently, bottled soybean oil has increased from 195 taka to 199 taka. Open soybean oil has increased from 175 taka to 179 taka.

The Commerce Minister said at a press conference that the adjustment in the local market had to be made due to the increase in prices at the source of the product in the international market. He said, “Due to the global situation, the prices of products are increasing all over the world. We hope that the country’s consumers will look at the matter with a forgiving eye, considering the global context.”

The minister expressed hope that as a result of the government’s decision, the supply situation of edible oil in the market will be normal and stable than before.