Edible oil price may decrease in two days: Commerce secretary

Middle class and low income people are suffering due to abnormal rise in oil prices. Buyers are now buying edible oil in plastic bags at a price of Tk 20 as they cannot afford to buy a whole bottle. The photo was taken from Tejkunipara in Tejgaon on 8 February.
Sajid Hossain

Commerce secretary Tapan Kanti Ghosh on Sunday said the price of edible oil may decrease in the local market within the next two days in line with the global market.

Tapon Kanti came up with this disclosure on Sunday at a press conference at the secretariat in the capital.

"I expect the price of edible oil will decrease. The price would be fixed after discussing the issue with refineries and marketing companies," he added.