Why did the price of edible oil suddenly rise in the market of Bangladesh? Bangladesh does not import edible oil from Russia, Ukraine or the Middle East. Soybean oil is mainly imported from Australia, Brazil, Argentina, United States. Palm oil is imported from Malaysia, Indonesia. Bangladesh mainly imports palm oil and soybean oil as edible oils. At first glance, the name Palm Oil may surprise anyone who Not available, then how does palm oil come in at number one. The real game starts here. In 2019, Bangladesh imported a total of 2.4 million metric tons of edible oil, of which 15.60 million metric tons was palm oil and 8.40 million metric tons was soybean oil. In other words, palm oil imports are double that of soybeans in total imports. Earlier, palm oil was available in the market at a lower price than soybean oil. But now there is no palm oil available in the market. Then this imported double goes Where? There is a huge mystery behind this. Palm oil is close to soybean to see, but in winter, palm oil freezes. But the miracle of Bengali is here. Soybean oil of different brands of Bangladesh is made by mixing low price palm oil with soybean and some chemicals. As a result, production of adulterated soybeans mixed with palm oil is reduced in price per liter and the manufacturing companies loot more profits. This palm oil mixed adulterated soybean oil goes to the mango crowd palm In the stomach. The owners of the company do not eat Bangladeshi soybean oil. They eat olive oil, sunflower oil or American brand soybean oil. If the people of this country lose their livers by consuming adulterated oil, the oil companies will not be able to do anything. Soybean or palm oil are both healthy. But adulterated soybean oil made by mixing palm oil and chemicals with soybeans is deadly to health. The American Soybean Association has conducted various awareness programs in Bangladesh Imported a long time ago, so there is no reason to raise the price by even 1 taka for the Ukraine war.
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