방글라데시 식물성 기름 인사이트

Bottled soybean oil is still not available as usual in markets across Dhaka, despite the government's Tk8 hike per litre on 9 December, nearly a week ago. The scarcity of soybean oil has lasted almost a month, following price hikes by refining companies in response to rising global prices of soybean and palm oil. Reports from areas such as Kalyanpur, Karwan Bazar, and Hatirpool yesterday revealed the ongoing shortage. After discussions with the Ministry of Commerce, the price of bottled soybean oil was raised to Tk175 per litre, up from Tk 167, while the price of loose soybean oil increased to Tk157, from Tk149. Following a meeting with edible oil traders, Commerce Adviser Sheikh Bashir Uddin said, "The price of soybean oil in the international market has increased by 20%, prompting local small businesses to stockpile. Many expected further price hikes, which led to hoarding. Based on a practical analysis of the overall situation, the new price was set."

Highlights The Trade and Tariff Commission has sought higher regulatory duty on the export of rice bran oil in a bid to ensure a stable supply of edible oil to the local market at reasonable market prices.

Mustafa Haider, president of the Bangladesh Edible Oil Association, disclosed the new rates in the presence of Commerce Adviser Sheikh Bashir Uddin after a meeting today (9 December)