Price of bottled soybean oil has been hiked by Tk 38 per litre to Tk 198, up from Tk 160.
The hike was fixed by Bangladesh Vegetable Oil Refiners & Vanaspati Manufacturers Association, Commerce Secretary Tapan Kanti Ghosh said while confirming the matter to The Business Post on Thursday.
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As per the new announcement, a five-litre jar of soybean oil will cost Tk 985, up from Tk 760.
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Meanwhile, loose soybean oil will now cost Tk 180 per litre and palm oil at Tk 172 per litre.