Price of Palm oil super has been reduced by Tk 8 to stand at Tk125 per litre while the price of sugar has been increased by Tk 6 per kg.
Open sugar and now stands at Tk 90 per kg and packaged sugar at Tk 95.
Commerce Secretary Tapan Kanti Ghosh made the statements while briefing reporters following a meeting of the Ministry of Commerce at the secretariat on Thursday.
The commerce secretary said that the new tariff will be effective immediately.
He said that the Thursday meeting decided to sell soybean oil that is already stocked in the market at the previous high price.
Only the oil that will be brought into the market now will be sold at the reduced price of Tk178 per litre.
And the prices of sugar and palm oil have been revised.
According to the recommendations of BTTC, a concern of the ministry, per litre palm super (unbottled) oil will be sold at Tk 120 in millgate, distributors will sell it at Tk 122, and at the retail or consumer level, it will be sold at Tk 125.
Each kg of loose sugar can be bought at the millgate at Tk 85, at the distributor level at Tk 87, and at the retail level at Tk 90. And the distributors will buy packaged sugar at Tk 90 at millgate and sell it at Tk 95 at the consumers’ level.