Oil, sugar prices spiked again

Prices of edible oil and sugar witnessed another hike. Soybean price has risen to Tk 190 a litre while super palm to Tk 108.

The new price will come to effect from Thursday (November 17), said commerce ministry sources.

Biswajit Saha, director for corporate and regulatory affairs at City Group, said the commerce ministry increased the prices of soybean oil by Tk 12 per litre and sugar by Tk 12 per kilogram. We were informed the matter verbally today.

The price of palm oil has been fixed at Tk121 per litre and a five-litre bottle of soybean oil from today will cost Tk925.