Earlier on February 20, the government had decided to reduce the price of soybean oil by Tk 10 to Tk 163 per liter from March 1.
The state minister said, “Millers have started supplying edible oil at Rs 163 per liter from March 1 and this oil will reach the retail markets in a day or two. We have also started monitoring the mills to control the price.
He further said that the government is working to curb excess prices before Ramzan and the prices will fall rationally. The government will not be held hostage to anyone regarding commodity prices. Also, if there is any problem in the import and release of goods, it will be resolved. He said that no excuse will be accepted.