TCB suspends sale of soybean oil at Tk 110

The government's marketing agency, Trading Corporation of Bangladesh (TCB), has suspended the sale of bottled soybean oil at Tk 110 per liter from Monday (May 16).

The company has issued a special notification on Sunday (May 15) at 9:33 pm that the sale of oil at a fair price has been suspended.

In a special notification, TCB said that the government has decided to sell TCB products (edible oil, lentil pulses, sugar) through family cards in order to manage the sales activities in an orderly manner and reach the real beneficiaries at affordable prices. Family card preparation and distribution activities are underway in Dhaka (North and South) and Barisal City Corporation. After the completion of the distribution of family cards, the sale of TCB products will continue only through family cards. Therefore, in order to implement the decision, the general trackcell activities have been suspended for a short period from May 16 to May 30 of this month. Next June, TCB will sell essential commodities (edible oil, lentils, sugar) at subsidized prices to one crore low-income families through Family Card.

Earlier on May 11, TCB had said that it would sell its products to low-income people at affordable and subsidized prices to keep the prices of daily necessities in the market affordable. For this, from 16th May to 30th May, all the metropolitan districts and upazilas of the country will have sales activities through 250-300 open trucks.

From the truck, a buyer can buy a maximum of 2 kg of sugar at 55 Taka per kg, a maximum of 2 kg of lentils at 65 Taka per kg, and 2 liters of soybean oil at 110 Taka.