AreaBangladesh

Commodity GroupOilseeds, oils and meals

CommoditySoyoil

Date01/02/2024

Policy CategoryConsumption and marketing

Policy InstrumentMarket regulation

DescriptionReduced the retail price of bottled soyoil from BDT 173 (USD 1.6) per litre to BDT 163 (USD 1.5) per litre from 1 March 2024. Additionally, the price for loose soyoil decreased to BDT 149 (USD 1.4). The move was aimed at providing relief to consumers ahead of Ramadan.