Dhaka, April 7 -- The Bangladesh Lub Blenders Association (BLBA) has requested the government to raise import duties on finished lubricants and enforce stricter valuation mechanisms in the upcoming FY27 budget, aiming to shield the domestic industry from misdeclaration and uneven competition.

In a proposal submitted to the Ministry of Finance, the association sought policy support to protect local blending capacity, which it says is increasingly under pressure from a surge in imports of finished oils.

Industry insiders say the BLBA has suggested restoring the customs duty on finished lubricating oil, including mineral, synthetic, and semi-synthetic variants, to 25 per cent from the existing 15 per cent.

The duty was reduced from 25 per...