Soybean Oil Price Rises by 9 Taka per Liter Without Announcement; Loose Oil Up by 5 Taka
Without any prior announcement, importers and marketing companies have quietly increased the retail price of soybean oil. This time, the price has been raised by 9 taka per liter in one jump. This has put consumers in difficulty. Consumer-rights groups say that raising prices in such a deceptive manner without prior notice is extremely unjust. They say the relevant government authorities should investigate the matter.
Soybean Oil Price Increased Five Times in 13 Months
The prices of edible oils, including bottled soybean oil, have been raised once again by refiners, even though the Ministry of Commerce has not yet given its final approval. The announcement came through a press release issued by the Bangladesh Vegetable Oil Refiners and Vanaspati Manufacturers Association on Monday.
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