Commerce Minister Khandaker Abdul Muktadir stated that there is sufficient stock of edible oil in the market and no possibility of a price increase. He made the remarks on Monday after a meeting with edible oil traders at the Ministry of Commerce to review the overall supply situation following reports of minor shortages and slightly higher prices in some areas.

The minister explained that recent supply pressure in certain markets resulted from panic buying by consumers, not from any actual shortage. He emphasized that importers and refinery owners confirmed adequate reserves of edible oil. Muktadir urged consumers not to purchase excessively, warning that unnecessary competition could allow unscrupulous traders to exploit the situation.

He further said that monitoring activities would be strengthened to ensure market stability and prevent misinformation. The National Consumer Rights Protection Directorate and district administrations will continue regular inspections, and the government will take action if irregularities are found.