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Article: BANGLADESH IMPORTERS SET RETAIL PRICES FOR SOYBEAN OIL, PALM OIL.
- Article from:
- AsiaPulse News
- Article date:
- February 26, 2008
CopyrightCOPYRIGHT 2008 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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DHAKA, Feb 26 Asia Pulse - The importers and wholesalers of edible oils agreed to keep oil prices stable till March 9, as a meeting between the government and the traders Monday fixed the selling rates to contain an overheating market.
Under the agreement, the price of soybean oil has been set at retail level at maximum Tk 106 (US$1.55) per kilogram while the maximum retail price of palm oil at Tk 99 per kg.
According to decision of the meeting, held at the Commerce Ministry with Advisor Dr. Hossain Zillur Rahman in the chair, they fixed mill-gate price of soybean oil at Tk 103.50 and palm oil at Tk 96.50 per kg.
Vice-president of Bangladesh ...