Farmers in the greater Rangpur region are so far pleased with their mustard yields amid the ongoing harvesting period while prices for the major oilseed are higher compared to what they were last season.
In 2022, Bangladesh’s consumers had to buy edible oil by paying historic high prices because of record prices in the international market and the country’s high dependence on imports to meet its demand.
Today, soybean oil, a preferred edible oil for food preparation at home, is traded at around Tk 200 per litre at retails, the highest on record in Bangladesh.