Dhaka, April 15 -- The interim government has raised the price of soyabean oil by Tk 14 per litre based on global market conditions and the tariff commission's formula, according to Commerce Advisor Sheikh Bashir Uddin.

The price of bottled soyabean oil has been set at Tk 189 per litre, while unpackaged oil will cost Tk 169 a litre.

The price of bottled soyabean oil was previously raised to Tk 175 per litre on Dec 9.

On Sunday, Bashir Uddin said: "We've revised the prices of soybean oil based on the international market and tariff commission formula."

"According to the formula, each litre of [soyabean] oil costs Tk 197. But we set the price after discussing it with industry stakeholders."

Citing the withdrawal of tax exemption benefi...