The government has no plan to raise edible oil prices for the time being, said Commerce Minister Khandakar Abdul Muktadir.
Stating that this time the country's people are in fear due to various reasons amid the global situation, he said, "Our first priority is to ensure that prices of goods do not rise amid this. Taking it as our goal, we will take steps."
The minister said this to reporters after a meeting on Sunday, April 12, to review the edible oil supply situation.
Buyers are disappointed when edible oil prices surge, which is why they review the country's oil supply and import situations at regular intervals, Muktadir said, adding that there has been no discussion of a price hike in today's meeting.
At that time, representatives from the country's edible oil-supplying companies were present in the Commerce Ministry's conference room.
Earlier, the Bangladesh Vegetable Oil Refiners and Vanaspati Manufacturers Association gave a proposal to the ministry to hike edible oil prices from Thursday, April 9.
However, the ministry and Bangladesh Trade and Tariff Commission (BTTC) decided not to raise prices after examining the proposal.
NH/MSU