Dhaka, April 6 -- Local refiners have proposed a significant increase in edible-oil prices by Tk 9-13 per litre, sources say.

The Bangladesh Vegetable Oil Refiners' and Vanaspati Manufacturers' Association (BVORVMA) has submitted a proposal to the commerce ministry in this regard.

It proposed making the new prices effective from April 9.

The Ministry of Commerce (MoC) and the Bangladesh Trade and Tariff Commission (BTTC) are expected to scrutinise the proposal before making an official decision, the association says.

It has proposed raising the price of a litre of bottled soybean oil to Tk 207, a move that is expected to intensify pressure on consumers already struggling with persistent inflation and a higher cost of living.

Besides,...