# Bottled soybean oil price to soar | The Business Standard

> Bangladeshi bottled edible oil companies agreed to raise soybean oil prices by Tk8 per litre, citing international market conditions. International unrefined soybean oil had fallen from a August high of $793 to $688.50 per tonne by December 12.

- Date: 2019-12-12 · published 2019-12-12T12:00:00.000Z
- Category: market · region Bangladesh · magnitude low
- Page: https://feedsoft.ai/events/12379-bottled-soybean-oil-price-to-soar-the-business-standard
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

This is a local retail pass-through of prices that have already softened internationally, so it has little effect on global soybean oil or meal prices.

## Read by commodity

- SBO: bearish ▼

## Sources

- tbsnews.net: https://www.tbsnews.net/economy/trade/bottled-soybean-oil-price-soar

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.