Government to Import 178 Crore Taka Worth of Soybean Oil from Thailand

In a move aimed at stabilizing the domestic edible oil market, the government has approved the purchase of soybean oil worth 178 crore 47 lakh Taka from Thailand. This decision follows a proposal from the Ministry of Commerce and approval from the Government Procurement Advisory Committee. The soybean oil will be sourced from Thailand's Prime Crop World Company Limited.

Under the international procurement procedure, 13.575 million liters of oil will be imported, with the cost per liter set at 131.47 Taka. The approval was granted during a meeting on January 6, 2026, chaired by Economic Advisor Dr. Salehuddin Ahmed at the Secretariat.

Alongside the soybean oil, the committee also approved proposals to import other essential goods, including lentils, various fertilizers, and fuel oil, to meet the country's internal demand. The committee emphasized the importance of expediting the import process to maintain the supply chain in the agriculture and trade sectors.

Dr. Salehuddin Ahmed highlighted that the government is prioritizing transparency and speed in the import process. He expressed confidence that this initiative would have a positive impact on the edible oil market and prevent any shortages in the coming months, particularly during Ramadan.

This move is aimed at ensuring that ordinary consumers remain unaffected by potential supply disruptions, with hopes of a stable market in the near future.