Bangladesh plans to purchase 11 million liters of soybean oil

Bangladesh government has approved separate proposals to procure about 11 million liters of soybean oil and 30,000 tons of fertilizer in 2024 to meet the growing demand in the country.

Specifically, according to the proposal of the country’s industry ministry, state-owned trading corporation TCB is to procure about 11 million liters of soybean oil from Super Oil Refinery Limited through open tender at a price of about Bt1.82 billion.

Also at the state level, Chemical Industries Corporation (BCIC) will procure 30,000 tons of granular urea fertilizer from Fertiglobe Distribution Ltd (UAE) at a cost of about Bt957 million Bangladeshi taka under the agreement.

Tags: soybean oil, Bangladesh