Soybean oil

Soybean oil prices stay above fixed rate in Ctg

Retailers and wholesalers in markets around Chattogram are selling soybean oil at prices exceeding the government-fixed retail prices, which was to be effective from March 1.

Soybean oil to be Tk 10 cheaper from tomorrow

A litre of soybean oil will be Tk 163, down from the existing Tk 173

Soybean oil prices to decrease by Tk 10 from March 1

Edible oil refiners said today that soybean oil price would be cut by Tk 10 a litre from March 1 to pass on the benefit of reduced duty and value-added tax to consumers

Why the government can’t control commodity prices

For any major crop, there are local and national profiteers, who make plans to maximise profits way before the crops land in the markets.

Loose soybean oil sales banned from Aug 1

Consumers’ right body DG says at ERF event

Meghna to supply Tk 189 crore soybean oil to TCB

Meghna Edible Oil Refinery Ltd has won a Tk 189 crore contract to supply soybean oil to the state-run Trading Corporation of Bangladesh (TCB), according to a decision of the cabinet committee on government purchase today.

5% VAT on edible oil extended to Dec 31

The government today extended the reduced 5 per cent value-added tax on edible oil for another three months to continue the relief for consumers from the indirect tax burden.

August 17, 2022
August 17, 2022

Govt to buy 1.25 crore litres of soybean oil for TCB

The government will buy 1.25 crore litres of soybean oil for the state-run Trading Corporation of Bangladesh (TCB).

May 14, 2022
May 14, 2022

Edible oil crisis: Time to overcome vulnerabilities

When Farid Uddin planted sunflower, sesame and groundnut on his 80-decimal land, he had no idea that prices of edible oil would skyrocket.

May 11, 2022
May 11, 2022

Soybean oil crisis: Govt cracks down on hoarders

An annoyed Shovon Das was walking home with a five-litre bottle of soybean oil from Shaheb Bazar in Rajshahi city yesterday afternoon. He had paid Tk 985 for it even though the government set the price at Tk 760.

May 10, 2022
May 10, 2022

Over 92,000 litres of edible oil seized in Rajshahi

Police in a raid seized 92,616 litres of edible oil illegally stored at four warehouses and a truck at Baneshwar Bazar of Rajshahi's Puthia upazila today (May 10, 2022).

May 10, 2022
May 10, 2022

Refiners to find out if any dealer is involved in oil crisis

The Bangladesh Vegetable Oil Refiners & Vanaspati Manufacturers Association today said it will take action against the dealers if their involvement is found in creating an edible oil crisis.

May 8, 2022
May 8, 2022

Soybean oil at Tk 110 a litre for TCB cardholders

The Trading Corporation of Bangladesh (TCB) will resume selling soybean oil at Tk 110 a litre to one crore TCB cardholder families from next month, Senior Commerce Secretary Tapan Kanti Ghosh said yesterday.

May 7, 2022
May 7, 2022

'TCB cardholders to get oil at Tk 110 per litre from June'

The Trading Corporation of Bangladesh (TCB) will resume selling edible oil at Tk 110 a litre to one crore TCB cardholder families in June, Senior Commerce Secretary Tapan Kanti Ghosh said today.

May 7, 2022
May 7, 2022

Volatile soybean oil market: Supply crunch still on

Bottled and non-bottled soybean oil, which went out of stock at most shops about a week ago, remained unavailable in almost all the grocery stores yesterday, a day after the price of the essential cooking ingredient saw a record hike.

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