Dhaka, Feb. 12 -- Major soybean refiners are divesting customers by selling edible oil more exorbitantly than the government-fixed rates, according to consumers and groceries.

"A majority of city groceries have now half-litre soybean bottle with MRP Tk 98-100," said Gulzar Hossain who owns a grocery on Iqbal Road of Mohammadpur.

One litre price is Tk 196-200, he added.

In December, the government in consensus with refiners fixed MRP (maximum retail price) of branded soybean at Tk 187 a litre, loose soybean at Tk 167, loose super-palm oil at Tk 117, according to commerce ministry.

Published by HT Digital Content Services with permission from The Financial Express....