Trade advisor gives good news about soybean oil supply

The supply of soybean oil in the market will be normal in the next two to three days, said Sheikh Bashiruddin, advisor to the Ministry of Commerce. He told reporters after visiting the raw market at Mohammadpur Town Hall in the capital on Monday.

In response to a question about the supply situation of soybean oil, the commerce advisor said, “There is no shortage of daily necessities. The supply of soybean oil is slightly less. There is nothing to deny this. I hope the supply system will improve in the near future.”

In response to another question about the increase in the price of soybean oil, Sheikh Bashiruddin said, “Just as soybean oil is being sold at a higher price, palm oil is being sold at a price 25 taka lower than the price fixed by the government. Palm oil accounts for 60 percent of our total edible oil. Oil prices in the market have both decreased and increased. I hope the price of soybean oil will also come down.’

At that time, Adviser to the Ministry of Industries Adilur Rahman Khan said that BSTI is operating mobile courts during the holy month of Ramadan to control the quality of products and prevent food adulteration. Today, mobile courts were operated in four markets. This activity will continue.

Also present at the time were Secretary of the Ministry of Commerce Mahbubur Rahman, Secretary of the Ministry of Industries Md. Obaidur Rahman, Director General of the Department of Consumer Rights Protection Mohammad Alim Akhtar Khan and Director General of BSTI SM Ferdous Alam.

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