Dhaka, Sept. 23 -- A meeting between the commerce ministry and edible oil refiners ended without a conclusive decision on a proposed price hike for cooking oil.

Sources present at the meeting held on Monday said both sides failed to agree on how much the price of edible oil should be increased.

The meeting, which included representatives from the Bangladesh Vegetable Oil Refiners and Banaspati Manufacturers Association (BVORBMA), was held at the Ministry of Textiles and Jute.

Earlier this month, refiners proposed raising edible oil prices by Tk 10 per litre, citing verified data on letters of credit (LC), inbound shipments, and ex-bond information.

In response, the Ministry of Commerce (MoC) held the meeting to evaluate the proposal....