Representational Image.

DHAKA, April 29, 2026  (BSS) – The government has announced a revised pricing structure for soybean oil, reflecting adjustments influenced by ongoing global market fluctuations and rising import costs.

The decision was disclosed today by Commerce Minister Khandakar Abdul Muktadir following a review meeting held at the Ministry of Commerce in the city.

The decision was finalized at a meeting attended by senior officials of the Ministry of Commerce and representatives of edible oil refiners and importers.

Under the new price structure, bottled soybean oil (1 liter) has been increased to Tk 199 from Tk 195, while loose soybean oil (1 liter) is now Tk 179, up from Tk 175. The price of a 5-liter bottled container has been fixed at Tk 975.

The Commerce Minister stated that the adjustment was necessary due to volatility in the global edible oil market.

 He explained that Bangladesh depends heavily on imports for soybean oil, making domestic prices sensitive to international market movements and import cost changes.

He further noted that refiners and importers had been requesting a price revision since Ramadan, citing financial pressure caused by rising costs. 

Industry stakeholders warned that without adjustment, they would face liquidity constraints that could disrupt imports and affect supply stability, particularly in opening letters of credit (LCs).

Muktadir said the decision followed a detailed review of global price trends and import-related expenses. 

Although traders had proposed a higher increase, the government approved only a limited adjustment to maintain a balance between industry viability and consumer protection, he added.

He mentioned that the aim of the revision is to ensure continued supply stability in the domestic market while minimizing pressure on consumers. 

He reiterated commitment to keeping essential commodities available and maintaining a stable supply chain.

The Commerce Minister expressed hope that consumers would understand the necessity of the adjustment in light of global economic conditions and reaffirmed the government’s continued efforts to stabilize the essential commodities market.