The government on Tuesday (February 20) decided to reduce the price of soybean oil by Tk 10 per liter.

The decision came after a meeting of the taskforce on the review of commodity prices and market conditions.

The new price will be effective from March 1.

According to comer ministry, the price of a litre of soybean oil will be Tk 163 from Tk 173 now. Similarly, open soybean oil will be retailed at Tk 159.

Commerce State Minister Ahsanul Islam Titu confirmed the matter.

He said, “In the meeting representatives of TK Group, City Group, S Alam, and Bashundhara Group were present. I requested them and they agreed to reduce Soybean oil price by Tk 10.”

BDST: 1516 HRS, FEB 20, 2024
MSK