Tipu Munshi was talking to reporters after attending a cabinet meeting at the secretariat on Thursday.

Asked whether the soybean oil price will be adjusted again, the minister said the tariff commission would hold a meeting within a week to verify the proposal of the traders.

The Bangladesh Vegetable Oil Refiners and Vanaspati Manufacturers Association recently placed a proposal to increase the price of soybean oil by Tk 20 per litre.

The association submitted the proposal to the Bangladesh Trade and Tariff Commission (BTTC) on 3 August.