There is a shortage of bottled oil in the market, and prices have increased. Soybean oil has suddenly become scarce throughout the nation, including in parts of the capital. Soybean oil is not available in most markets. It costs 20 to 25 taka more per liter, even in the few stores that sell it. Bottles of soybean oil are being concealed to trick consumers. Although oil is accessible in supermarkets, buyers are not permitted to buy more than one bottle at a time.
There is a shortage of bottled oil: Similar images were seen in several parts of the capital’s Mirpur, Mohammadpur, and Farmgate marketplaces on Friday, December 6. During a field visit, it was discovered that some stores in Mirpur had no oil bottles at all, while others were only openly showing one or two bottles. The cost of the bottled oil ranged from 190 to 200 taka per liter. Depending on the store, half-liter bottles cost anywhere from 90 to 95 taka. The price per liter of loose oil was 190 taka.
Shop owners stated that for the previous week, no oil has been delivered by supplier businesses. There is no oil, not even in wholesale marketplaces. Sometimes, only a few stores carry two to four liters, but they cost more. Consequently, they are also raising their rates.
“They offered no justification for raising their prices. “When will more oil be available in the market?” was the counter-question posed by a few shop sellers. There is loose oil accessible in the 13 and 14 number zones of Mirpur, and it costs 190 taka per liter. There is a shortage of bottled oil…
In the market, palm oil costs 180 taka per liter. Shopkeepers, however, are not totally at ease with palm oil because of the winter months. Small bottles or drums of hardened palm oil are lined up in some locations to melt into liquid under the sun.
“Amena Begum was clearly irritated when she arrived to purchase oil in the Mirpur-11 retail market. “Is this even acceptable?” she asked. Half a liter is all you can get. The cost is substantial even in that case. Since no store carries oil, it is also not an alternative to go to another one. The situation is the same in every part of the capital. There is a shortage of bottled oil….
Nonetheless, retailers carry all varieties of cooking oil. However, clients are only permitted to purchase one bottle per person. ‘We politely request each consumer not to purchase more than one bottle of oil,’ says a sign on the oil racks.
One liter of soybean oil costs 167 taka, two liters cost 334 taka, and a three-liter bottle costs 500 taka in stores. The sale of a certain brand of cooking oil appears to be the top priority for each supermarket. There is a shortage of bottled oil….
A poster at Prince Market in Mirpur-13 advising consumers not to purchase additional oil infuriated Abu Yusuf. “Everyone is doing whatever they want,” he remarked. They have caused fear by stating that more than one bottle cannot be purchased.
Some stores have been covertly gathering excess oil and reselling it at higher prices as a result of the market’s scarcity of oil supply. The seller answered, “If you want, I can give it to you,” when a customer tried to purchase oil from a store in the 14-number region of Mirpur. Simply let me know how many bottles you require.
Senior officials from a number of pertinent organizations were contacted, but they declined to comment on the market’s lack of oil supply or the companies’ supply problems. There is a shortage of bottled oil….
In response to the scarcity of cooking oil, Md. Khalilur Rahman Sajal, Executive Director of the Consumers Association, informed the media, “The companies that sell cooking oil have not reduced oil prices despite a number of advantages, such as the decrease in value-added tax. Rather, they have cut back on supply. The problem can worsen during this year’s Ramadan if the Ministry of Commerce does not move against them right away. There is a shortage of bottled oil…
