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No hike in prices of edible oil now

  • Sun Online Desk
  • 6th January, 2022 06:57:18 PM
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No hike in prices of edible oil now

Additional Secretary to the Commerce Ministry AHM Shafiquzzaman has said edible oil prices are not increasing at the moment.

The decision was taken at a meeting of the committee formed on Thursday to revise the pricing system of essential commodities (sugar and edible oil) and update the expenditure statement.

AHM Shafiquzzaman came up with this information while talking to journalists after the meeting presided over by him on Thursday.  

Earlier, Bangladesh Vegetable Oil Refiners and Vanaspati Manufacturers Association had proposed to increase the price of soybean oil by Tk 8 per liter citing rise in import cost. At the same time, it has been proposed to increase the price of palm oil.