The new price of soybean oil is going to be implemented from tomorrow, Friday, which will be reduced by 10 taka per liter. The decision was taken at a meeting of the task force on monitoring of market situation and commodity prices at the Commerce Ministry on February 20, which was chaired by state Commerce […]
Mentioning that the National Board of Revenue (NBR) has reduced edible oil duty by Rs 5 per litre, the Minister of State for Commerce requested traders, “The government has given a rebate of Rs 5 (per litre). Please leave Tk 5 discount as Ramzan is knocking on the door. Mill owners and oil refiners who […]
high in soybeans Of the 18 ‘blended’ samples of bottled soybean oil, 12 were found to have transfats above acceptable levels. Transfats were also present in the remaining samples, albeit at lower levels. Similarly, for open drum soybean oil, transfats were found above acceptable levels in 12 ‘mixed’ samples, while 37 were found to have […]
Soybean oil price reduced by 5 taka per liter
Argentina’s Rosario Grain Exchange on Wednesday issued an improved forecast for the South American country’s 2023/24 soybean and corn crops. The exchange predicted a soybean crop of 48 million metric tons, up from 20 million tons last season, while the corn crop could be 56 million tons, up from the 34 million tons forecast for […]
Earlier, the price of bottled soyabean oil was Rs 187 per litre. Meanwhile, the price of unbottled soyabean oil was fixed at Rs 176 and that of palm oil at Rs 135 per litre. The price of a 5 liter bottle of soybean oil was fixed at Rs 960. Claiming high price of soybean and […]
Agriculture Minister Mohammad Abdur Razzaq chaired the meeting, while committee members participated in it. TCB will buy soybean oil from local supplier Meghna Group for Tk 1.95 billion. Syed Mehboob Khan, Additional Secretary, Cabinet Division, said Meghna won the supply contract through open tender at Tk 176.88 per liter of oil. He also said that […]
Earlier, on October 4 last year, the NBR had imposed a cap on all types of refined edible oil at the production and supply level to stabilize the prices of soybean oil and palm oil in view of the increase in refined and non-refined edible oil prices in the international market. VAT exempted. , Earlier, […]
Argentine President Alberto Fernandez thanked Prime Minister Sheikh Hasina and the people of Bangladesh for the people’s support of the Argentine football team and the Prime Minister’s congratulations after the team won the World Cup. Alberto Fernandez also announced the opening of an Argentine embassy in Dhaka in 2023, marking 50 years of diplomatic relations […]
The government has once again adjusted the prices of soybean and palm oil with a marginal reduction. Due to this move, one liter bottle of soyabean oil will be sold at retail level from Sunday at Rs 187 instead of Rs 190. In a gazette notification issued on Thursday, the Commerce Ministry said that in […]
He said that 11 million would be procured from Super Oil Refinery Limited at a cost of more than Taka 2.04 billion. The meeting also approved the import of 30,000 tonnes of urea fertilizer from the UAE and Canada. In addition, a proposal has been approved by Bangladesh Chemical Industries Corporation (BCIC) under the Ministry […]
Most retailers as well as wholesalers have been still charging prices some-more than what a supervision had set for soya bean oil. All a companies during a assembly with a supervision upon Sunday concluded that a sell cost of non-packed soya bean oil would be Tk 86 a litre for in Dhaka as well as […]