Wholesale prices of Soybean Oil in Bangladesh
Recent wholesale prices
Over the past 4 weeks, the wholesale price of Bangladesh Soybean Oil has typically been between $1.36 and $1.41 USD per kg, or $0.62 to $0.64 USD per pound (lb).
These prices are based on reports from regions such as , Khulna, Chattogram, Sylhet, Dhaka
Historical wholesale price trends
The wholesale price of Bangladesh Soybean Oil has followed a downward trend over the past two years, influenced by evolving market conditions. In 2023, wholesale prices varied between $1.43 USD per kg and $1.75 USD per kg. However, by 2024, wholesale prices declined to a new range of $1.27 to $1.44 USD per kg, signaling reduced demand or increased supply for Bangladesh Soybean Oil.
Recently updated wholesale prices
Recent wholesale price of Soybean Oil in Bangladesh was 16,100 BDT per 100 L, reported on 2025-01-16.
See the table below for more recent wholesale prices.
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Export prices of Soybean Oil in Bangladesh
Historical export price trends
The export price of Soybean Oil from Bangladesh has been on a downward trend in recent years, driven by changing market conditions. In 2023, export prices were between $1.68 USD per kg and $1.72 USD per kg. By 2024, these prices had fallen to a new range of $1.35 to $1.35 USD per kg, reflecting shifts in demand or supply for Bangladesh Soybean Oil.
Recent export records
On 2024-06-23, Soybean Oil reported as "REFINED SOYABEAN OIL (BRAND-TEER) API REFINED SOYABEAN OIL" was exported by a company in Bangladesh to a company in India.
See the table below for more recent transactions.
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Import prices of Soybean Oil in Bangladesh
Historical import price trends
The import prices of Soybean Oil to Bangladesh have risen over the past two years due to changes in market supply and demand. In 2023, import prices ranged from $0.93 to $1.49 USD per kg. By 2024, these prices had increased to a range of $1.92 to $2.34 USD per kg, reflecting ongoing growth in the import price of Soybean Oil to Bangladesh.
Recent import records
On 2024-07-16, Soybean Oil reported as “PAYOXY 650 EPOXIDIZED SOYBEAN OIL” was imported by a company in Bangladesh from a company in India.
See the table below for more recent transactions.
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FAQ for Soybean Oil price in Bangladesh
What is the HS code for Soybean Oil?
The HS code for Soybean Oil is 150790 - Vegetable oils; soya-bean oil and its fractions, other than crude, whether or not refined, .
Where does Tridge source its price data?
Tridge gathers price data from over 400 trusted global sources, including government public sources, producers, traders, and local industry experts. We ensure data accuracy through both human oversight and cutting-edge AI technology, which helps manage missing values, detect outliers, and standardize currency and units.
How are the low and high prices for Bangladesh Soybean Oil calculated?
The low and high prices are calculated from Bangladesh data for Soybean Oil during the selected period, showing the typical price range after excluding outliers. Please note that trends may differ when analyzed in more detail, such as by product variety, company, or specific timeframes.
How much price data is available for Soybean Oil on Tridge?
In the past 6 months, 32 Soybean Oil price entries were updated for Bangladesh. Visit our Data Availability page for more detailed information.
How much transaction data is there for Soybean Oil in Bangladesh in Tridge?
We have 1128 transaction records for Soybean Oil in Bangladesh. Visit our About Transaction Data page to explore its features.
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