The supply of bottled soybean oil in local markets remains constrained, with most retail shops only stocking one or two brands, if any at all.
Meanwhile, the price of rice has risen over the past week, although the cost of new potatoes and onions has seen a slight decrease.
Retailers have stated that despite the recent price adjustment, dealers have yet to resume the distribution of bottled soybean oil to local shops.
They anticipate that normal supply might be restored within a day or two, said traders from different kitchen markets in the capital.
The shortage of soybean oil has persisted for nearly a month, exacerbated by rising prices of soybean and palm oil in the international market.
In response, local edible oil refining companies, in consultation with the Ministry of Commerce, increased the price of bottled soybean oil by Tk 8 per litre on Monday.
However, three days later, supply issues continue to plague the retail market.
Only a limited number of shops had bottled soybean oil, predominantly of the Teer brand.
Many retailers reported a complete lack of stock.
A vendor shared that his shop has not sold any brand of bottled soybean oil for the past two days. Despite contacting his dealers, he received no updates on the availability of stock. Customers seeking oil have had to leave empty-handed.
Only one company had started releasing soybean oil at the new price.
The other companies have yet to begin distribution, leaving dealers unable to supply the product to retailers.
However, they assured that the situation is likely to normalise within a day or two.
