Soyabean oil price lowered by Tk 6 a liter...

Soyabean oil price lowered by Tk 6 a liter

 Staff Correspondent daily-bangladesh.com

 Published: 06:50 PM, 26 June 2022   Updated: 09:14 PM, 26 June 2022

Soyabean oil price lowered by Tk 6 a liter

Soyabean oil price lowered by Tk 6 a liter

The Bangladesh Vegetable Oil Refiners and Vegetable Manufacturers Association has reduced Soybean oil price by Tk 6 per liter on Sunday.

According to new price list, 1 liter loose soybean oil retail price will be sold at Tk 180, 1 liter bottle of soybean oil at Tk 199 and 5 liter bottle of soybean oil at Tk 980. The new price list will be effective from June 27.

Earlier on Sunday, Commerce Secretary Tapan Kanti Ghosh said that the recent fall in the price of edible oil in the world market has created the possibility of a reduction in the local market.

Note that the price of edible oil reached a record high a few months ago. However, with the recent start of the seed collection season in the major oil-producing countries, prices have started falling again in the world market since last month. At this time, the price of edible oil has decreased from 11 to 12 percent.

DailyBangladesh/SA