AgribusinessCiting higher booking prices on the world market and freight costs, traders have proposed raising edible oil prices by Tk 14 a litre, while date importers want duties cut. The ministry has not decided.
CropsUSDA's Economic Research Service says 1.687 billion pounds of soybean oil went into US biofuel production in July 2026, 8.4% above the record set in June.
AgribusinessA bipartisan House letter asks the EPA and Energy Department for a supplemental Renewable Fuel Standard rule by 15 October, warning that delay could weaken demand for corn and soybean oil.
AgribusinessFine rice rose by Tk 2 a kg in a week in Dhaka's retail markets and loose soybean and palm oil also went up, while local onion, garlic and broiler chicken fell; vegetables and fish stay dear.
HealthA mobile court in Rangpur's Pirgachha seized 50 to 60 cartons of fake soybean oil, empty bottles and fake labels, and fined the trader Tk 20,000 as well.
AgribusinessWith bottled soybean oil in shorter supply, traders have asked for a price rise; Commerce Minister Khandaker Abdul Muktadir said the government will decide only after checking the situation.
One- and two-litre bottles of soybean oil are missing from Dhaka grocers and loose oil sells Tk 15 a litre above the set price; retailers and the Consumers Association of Bangladesh say supply is being held back to force a rise.
World Bank Pink Sheet figures show the June-August average price of palm oil down 1.9 per cent and soybean oil down 2.5 per cent on the previous three months. At Khatunganj in Chattogram, the country's largest edible-oil wholesale market, both have risen by about Tk 300 a maund in six weeks, which t
Market ManagementAfter diesel went up by Tk 20 a litre, several vegetables in Dhaka's markets rose by Tk 5-20 a kilogram and fish by Tk 20-50, while one- and two-litre bottles of soybean oil grew hard to find.
Market ManagementAhead of the festive season, India cut basic customs duty on crude soybean and palm oil to 5%, scrapped it on crude sunflower oil and lowered duties on refined oils, as retail prices run 8-16% above last year.
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.
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.
AgribusinessIn July 2026 edible oil importers and marketers proposed raising prices by Tk 10 a litre, saying they were importing at a loss. The commerce ministry said the proposed rise ran ahead of the world-price increase and had yet to decide, while a consumer body alleged market manipulation.
