
Cooking oil prices continue to remain elevated, despite government directives urging traders to maintain reasonable rates. Many buyers in Dhaka’s kitchen markets reported that traders have increased the price of cooking oil, disregarding official warnings against unapproved hikes.
Retailers received a fresh batch of bottled soybean oil, now priced at Tk 198 per litre—up by Tk 9 from the previous rate.
Consumers were seen purchasing the oil at Mohakhali kitchen market on Friday, navigating the higher costs as supplies reach the shelves.
“We have bottled cooking oil at both old and new prices,” said abdur Rahman, a grocer at the kitchen market.
The price of five liters of cooking oil rose by Tk 43 to Tk 965 from Tk 922.
For a two-litre bottle, the price has been increased by Tk 8 to Tk 396.
The rise in the price put consumers and sellers in trouble.
The price hike comes just a day after Commerce Advisor Sheikh Bashir Uddin told the media that the government served show cause notice on the traders who had earlier announced to increase the oil price without the government’s approval.
He said traders were also invited for talks over the matter.
The Bangladesh Vegetable Oil Refiners and Vanaspati Manufacturers Association had announced on Oct 14 their decision to raise edible oil prices.
The oil price, however, had been increased even before the association announced its decision.
The price of a kg of local onion was increased by Tk 10, currently selling at Tk 140.
“Onion price is supposed to drop during winter. A kg of onion should have cost a maximum of Tk 80,” said Idris Ali, a consumer interviewed at Mohakhali kitchen market.
Winter vegetables, on the other hand, continued to sell at high prices, which were supposed to fall with an increase in their supplies.
The local tomato price has remained at Tk 80 per kg. Kidney beans are sold at Tk 80 a kg, eggplants at Tk 100 and a piece of cauliflower at Tk 40.
The price of a kg of parsley was dropped by Tk 30. The price of a kg of green chili was reduced by up to Tk 40.
The price of large tilapia has increased by up to Tk 70. The price of juvenile hilsa has also been increased by Tk 200 a kg.
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Cooking oil prices continue to remain elevated, despite government directives urging traders to maintain reasonable rates. Many buyers in Dhaka’s kitchen markets reported that traders have increased the price of cooking oil, disregarding official warnings against unapproved hikes.
Retailers received a fresh batch of bottled soybean oil, now priced at Tk 198 per litre—up by Tk 9 from the previous rate.
Consumers were seen purchasing the oil at Mohakhali kitchen market on Friday, navigating the higher costs as supplies reach the shelves.
“We have bottled cooking oil at both old and new prices,” said abdur Rahman, a grocer at the kitchen market.
The price of five liters of cooking oil rose by Tk 43 to Tk 965 from Tk 922.
For a two-litre bottle, the price has been increased by Tk 8 to Tk 396.
The rise in the price put consumers and sellers in trouble.
The price hike comes just a day after Commerce Advisor Sheikh Bashir Uddin told the media that the government served show cause notice on the traders who had earlier announced to increase the oil price without the government’s approval.
He said traders were also invited for talks over the matter.
The Bangladesh Vegetable Oil Refiners and Vanaspati Manufacturers Association had announced on Oct 14 their decision to raise edible oil prices.
The oil price, however, had been increased even before the association announced its decision.
The price of a kg of local onion was increased by Tk 10, currently selling at Tk 140.
“Onion price is supposed to drop during winter. A kg of onion should have cost a maximum of Tk 80,” said Idris Ali, a consumer interviewed at Mohakhali kitchen market.
Winter vegetables, on the other hand, continued to sell at high prices, which were supposed to fall with an increase in their supplies.
The local tomato price has remained at Tk 80 per kg. Kidney beans are sold at Tk 80 a kg, eggplants at Tk 100 and a piece of cauliflower at Tk 40.
The price of a kg of parsley was dropped by Tk 30. The price of a kg of green chili was reduced by up to Tk 40.
The price of large tilapia has increased by up to Tk 70. The price of juvenile hilsa has also been increased by Tk 200 a kg.
Comments