July 05, 2026
"We will stand by the marginalised," says Advisor Zahed as relief measures roll out
Palm oil is set to be excluded from emissions reductions from 2027 over environmental concerns
Indonesia is the world's biggest producer of palm oil, while Riau is the country's top province when it comes to total plantations
As per the new rates, each litre of bottled soybean oil will sell for Tk 195, up from Tk 189
The commerce secretary says the traders’ proposed price hike exceeds international levels
The government says the decision to reduce palm oil prices comes as adjustment to global market trends
The move comes in response to a drop in prices in the international market
Importers have been paying a uniform 5 percent levy until now