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Soybean oil price again raised

Sun News Desk: The price of bottled soybean oil has been raised and a litre of soybean oil will now cost Tk192 in retail markets.
The price increased by Tk7 per litre.

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The new prices of the price of bottled soybean oil will be effective on Tuesday (Aug 23).

Taslim Shahriar, Senior Assistant General Manager of the Meghna Group, confirmed the matter on Tuesday.

He told that the price of bottled soyabin oil has been increased after getting approval from the government.

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According to the new rate, price of per litre of loose soybean oil has been set as Tk175, while the price of per litre of bottled soybean oil has been set as Tk192.

For 5-litre bottles, the price has been set as Tk 945. At the same time, the price of palm oil (open) has been set as Tk145 per litre.

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The latest decision came following the association’s discussions with the Bangladesh Trade and Tariff Commission and the commerce ministry on August 17.

The association had proposed a 20% hike, but the final price increase stood at 3.78% or Tk7, according to sources familiar with the matter.

Sun News/MR

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