Soybean oil prices drop by Tk10 per litre

The government has slashed the prices of soybean oil by Tk10 per litre. The new prices will be effective from March 1.

This decision was taken in the meeting of the tax force on commodity prices and market conditions on Tuesday (February 20).

The meeting took place at the conference room of the commerce ministry.

State Minister for Commerce Ahsanul Islam Titu briefed reporters after the meeting.

As per the new rate, the price of a litre of soybean oil will be Tk 163 from Tk 173 now. Similarly, open soybean oil will be retailed at Tk159.