Retailers and wholesalers in markets around Chattogram are selling soybean oil at prices exceeding the government-fixed retail prices, which was to be effective from March 1.

Edible oil refiners said today that soybean oil price would be cut by Tk 10 a litre from March 1 to pass on the benefit of reduced duty and value-added tax to consumers

The government reduces the price of furnace oil by 30 percent.