Dhaka, Oct. 13 -- The country's refiners have increased the price of bottled soybean oil by Tk 6.0 a litre, raising it to Tk 195.

The price of loose soybean oil has been hiked by Tk 3.0 per litre, while palm oil prices have gone up by Tk 13 a litre.

These new prices were announced in a press release issued on Monday by the Bangladesh Vegetable Oil Refiners and Vanaspati Manufacturers Association.

In August, a dispute had emerged between the government and the Ministry of Commerce over edible oil pricing. Traders had proposed a Tk 10 per litre increase for soybean oil, but the ministry allowed only a Tk 1 hike. Dissatisfied with the decision, traders refrained from issuing any press release in line with the government's directive.

Howe...