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Following a fall in international prices, Bangladesh has reduced the domestic price of loose palm oil from BDT 169 to BDT 150 per liter. The Bangladesh Trade and Tariff Commission (BTTC) has instructed local authorities to intensify market monitoring amid concerns that some traders might sell palm oil as soybean oil for extra profit. Bottled soybean oil remains at BDT 189 per liter, while loose soybean oil prices are unchanged. Authorities are also urged to take legal action if unethical practices harm consumers.

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