The hike had come about on April 25.
It took one-litre bottles of branded soybean oil to Tk 144 from Tk 139, that sold loose to Tk 122 and a five-litre branded bottle Tk 685, up from Tk 660 not long before. Loose palm oil will cost Tk 113.
This is the fifth rise in three months, reasoned as a ripple effect from international markets.
Another hike has been proposed as international rises are leading to losses, said Md Shafiul Ather Taslim, director for finance and operations at TK Group, a leading importer and processor of essential goods.
"A government decision is likely within a week," he said, without elaborating further.