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Bangladesh Politics

Palm Oil Price Cut Prompts Market Monitoring to Prevent Fraud

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1Nojor Desk
  • 14 Aug 25
  • 03:00 AM

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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Jugantor 14 Aug 25

Market Monitoring Strengthened as Palm Oil Prices Fall

Following a drop in international prices, the domestic price of loose palm oil has been reduced from BDT 169 per liter to BDT 150 per liter. However, the Bangladesh Trade and Tariff Commission (BTTC) has directed intensified market monitoring amid concerns that unscrupulous traders might sell palm oil as soybean oil to make extra profits.

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