The Trading Corporation of Bangladesh is looking for authorization to acquire 1.10 crore litres of soya bean oil from the worldwide market, with per litre costing Tk 146.10.
According to the commerce ministry authorities, the TCB sent a proposition to the cabinet committee on federal government purchases in the previous month looking for purchase approval.
The corporation has actually picked Guven Traders Private Limited of through a tender. Oil will be provided in two-litter family pet bottles (a bottle made from polyethylene terephthalate).
The authorities said that the TCB proposition would likely be examined in a conference of the cabinet committee on federal government purchases today (Tuesday).
Finance minister AHM Mustafa Kamal is most likely to command the conference essentially.
Since August, the TCB has actually been acquiring soya bean oil in almost monthly from regional and worldwide providers for offering those at a subsidised rate to poor individuals dealing with issue in the middle of high inflation.
In its previous buy from worldwide market on March 27, the TCB acquired per litre soya bean oil at Tk 173.95, according to the commerce ministry authorities.
The TCB offers per litre of soya bean oil at Tk 110.
Since May 4, the rate of per litre soya bean oil increased by Tk 12 to Tk 199 in regional market following a need by regional refineries.
Earlier, the federal government and edible oil refiners set the rate of a litre of packaged soya bean oil at Tk 187 in December 2022.
