A banker in Naogaon did not find soybean oil in the local market. A woman in Natore was lucky to score a one-litre bottle for an unusually higher price. A private firm employee in Chattogram decided to make do with mustard oil after failing to find soybean oil in her neighborhood.
The retail prices of non-bottled and bottled soybean and palm oil have gone up by Tk 10-15 per litre overnight due to a supply crunch in the aftermath of Indonesia’s export ban on crude and refined palm oil imposed on Wednesday.
Indonesia’s export ban: Edible oil supply crunch has begun Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.