Further review needed to hike edible oil prices: minister

Commerce Minister Tipu Munshi said that further review is needed to hike edible oil prices in the domestic market.

He said that the government has no plan to hike edible oil prices in the next 15 days, he said this at a press conference after a meeting with millers, refiners, wholesalers and importers of edible oil at his secretariat office in Dhaka on Wednesday.

After 15 days, the minister will sit again with the refiners and millers to discuss the issue.

In the meeting, Tipu Munshi asked the refiners to reduce prices of the cooking oil if possible.