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According to a circular of the organisation following the meeting, a 5-litre bottle of the soyabean oil would be Tk 985 from the existing Tk 760.

The price of per litre open soyabean oil will increase to Tk 180 per litre from Tk 136 and open palm oil would be sold at Tk 172 per litre from the existing Tk 130.

The association’s meeting with the commerce secretary started at 3:00pm. Representatives of oil refiner companies were also present at the meeting.

The circular said there is an upward trend in the prices of unrefined soyabean and palm oil in the international market.

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