Lentil and edible oil imports climb sharply as Bangladesh tightens market watch
Commerce minister Khandaker Abdul Muktadir says market surveillance will be tightened year-round, as lentil and edible oil imports rise sharply.
Commerce minister Khandaker Abdul Muktadir says market surveillance will be tightened year-round, as lentil and edible oil imports rise sharply.
Market ManagementCrude palm and soybean oil landed at Mumbai 11 percent dearer than a year ago and sunflower 7 percent; a third round of increases since March is on the table unless vessel arrivals and a duty cut hold prices.
Md. Laskar Ali, 71, has pressed pure mustard oil in a horse-drawn wooden ghani in Narayantala village on the Sunamganj border for 45 years; the business has kept his family comfortable and earned him an honour from the upazila administration.
One-litre bottles of soybean oil remain hard to find in Dhaka's retail markets although refiners were allowed a Tk 5 rise to Tk 204; loose soybean sells at Tk 198-200, palm oil Tk 180-185, flour is up Tk 10 a kilogram, eggs Tk 10 a dozen and green chilli as much as Tk 60 a kilogram.
Bottled soybean oil remains scarce in Dhaka's retail markets, with half-litre and one-litre bottles almost gone, while egg and green chilli prices have risen.
IIT Gandhinagar and ICAR's rapeseed-mustard directorate cloned SRK, FER1, MLPK and ARC1 in Brassica rapa toria and yellow sarson, modelled them with AlphaFold3 and silenced them one by one on the stigma; switching off SRK, FER1 or ARC1 made self-incompatible toria accept its own pollen, a tool for
Perilla, a short-duration oilseed rich in omega-3, can be grown on land left fallow after Aus rice and could help reduce Bangladesh's dependence on imported edible oil.
Bottled soybean oil remains scarce in Dhaka even after a price rise, while atta and flour prices have climbed and bakers say their products will cost up to 20 per cent more.
Commerce minister Khandaker Abdul Muktadir said edible oil prices are set in line with the international market and domestic production and processing costs.
The commerce ministry has allowed a Tk 5 a litre rise in the price of bottled soybean oil, taking it to Tk 204.
The government will spend Tk 445.60 crore on 2 crore litres of refined palm olein and 10,000 tonnes of lentils for subsidised sale to one crore low-income families.
The cabinet committee on government purchase has approved buying sugar, refined soybean oil and lentils worth Tk 519.38 crore.
HealthResearchers from Jahangirnagar University and BUP estimated that soybean oil sold in Dhaka exposes an adult to an average of 17.65 microplastic particles a day, about 6,441 a year, and a child to about 28,180 a year.