The government has decided to reduced the price of edible oil, Senior Secretary of Ministry of Commerce Tapan Kanti Ghosh said today.
The price reduction will come into effect "within a few days", he said.
The price of packet soyabean oil has been cut by Tk10 per litre to Tk 189 and palm oil by Tk 2 per litre to Tk 133.
The prices may be reduced further before Eid-ul-Azha, he said.
Sugar price may also be cut if the price remains static in the international market, said Tapan Kanti Ghosh at a press briefing after a meeting of a taskforce on the analysis of market situation and commodity prices.
The meeting took place at the commerce ministry at the Secretariat.
