Why government faces challenges with oil-related issues?
The crisis regarding edible oil continues to persist. On December 9, when there was a sudden shortage of bottled soybean oil in the market, the government decided to raise the price by 8 taka per liter. As a result, the price of one liter of bottled soybean oil has now been set at 175 taka, while the price of loose soybean oil is 157 taka. The price of loose soybean oil has increased from 149 taka per liter to 157 taka. The price of loose palm oil has also risen from 149 taka to 157 taka per liter. However, soybean oil is unavailable at these prices. Most shops in various parts of the capital are unable to supply bottled soybean oil, and there is a kind of chaos regarding loose soybean oil. Traders are charging arbitrary prices for loose soybean oil, with some selling it for as much as 200 taka per liter.