Soybean oil price hiked by Tk14 per liter

The price of bottled soybean oil has been increased by Tk 14 per liter, raising the retail price from Tk 175 to Tk 189 per liter.

The Bangladesh Vegetable Oil Refiners and Vanaspati Manufacturers Association confirmed this development in a press release on Sunday (April 13).

The new price came into effect from yesterday.

According to the revised pricing, a five-liter bottle of soybean oil will now cost Tk 922, up from the previous rate of Tk 852. Alongside bottled oil, the prices of loose soybean oil and palm oil have also been adjusted. The new price for each is now set at Tk 169 per liter, up from Tk 157.

Earlier, the price of bottled soybean oil was increased on December 9, when it was set at Tk 175 per liter.