Wednesday, October 28, 2026
News update
- Tarique Seeks Japan’s Support to Diversify Bangladesh’s Exports |
- Dhaka Among World’s 12 Most Polluted Cities on Wednesday |
- Cyclone Arnab Hits India, Four Bangladesh Ports on Alert |
- Greenhouse Gas Levels Reach Record High in 2025: WMO |
- Dengue deaths hit 400 as 11 more die in 24 hours |
Edible Oil Market to Stabilize in 7-10 Days, Says Adviser
Staff Correspondent;
Business
2025-02-12, 6:25pm
Commerce Adviser Sheikh Bashir Uddin reassured the public on Wednesday that the edible oil market, particularly the shortage of soybean oil, will stabilize within the next seven to ten days. Speaking at a program at the Secretariat, he addressed concerns over supply disruptions, emphasizing that the situation will be resolved soon.
In addition, Sheikh Bashir Uddin assured that there would be no instability in the prices of essential commodities such as chickpeas, peas, dates, lentils, and sugar ahead of Ramadan, as there are no supply crises for these products. He further emphasized that the market is in a stable condition and there is no reason for concern.