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Soybean oil price hits all-time high at the retail level
With customers already feeling the heat of the upward rice prices, edible oil, vegetables, pulses, spices and even chickens are also getting costlier.
Many compared the uncontrolled pricing to the summer heat although winter is nearing an end, reports Bangla Tribune.
Visiting several kitchen and wholesale markets in Dhaka on Friday, it was found that bottled soybean oil was selling at up to Tk140 a litre, the highest retail price as of to date. It was available at around Tk100 even a few months ago.
The highest price of 5-litre jars containing soybean oil is Tk685 at the retail level. Most other brands also raised the prices at different ranges in a week.
Potato, onion, garlic, ginger, wheat, flour, lentil, and broiler chicken are also being sold at higher prices than those of last week, causing both middle-and low-income groups to suffer.
Abu Hanif, a Gopibagh resident, said with winter going by, it seems like the markets started to turn “hotter”.
“The rice prices have been unstable with a rising trend for the past two months. The same situation was prevailing with other everyday essentials in the market,” he said.
