TCB to start open market sale from mid-May

The Trading Corporation of Bangladesh (TCB) is set to start open market sale (OMS) of some essential commodities including edible oil from mid of May in Dhaka and other divisional cities.

According to an additional secretary to the Commerce Ministry, the government is working to re-fix the prices of essentials including edible as their prices have gone up on the global market.

Primarily the TCB will engage 400 trucks for OMS after fixing the prices of commodities, he added.

Commerce Minister Tipu Munshi will brief reports on edible oil supply and management issue at his secretariat office on Monday, senior information officer of the ministry Abdul Latif Bakshi informed reporters.

Besides, Tipu Munshi will talk formally with the traders, edible oil importers and refiners regarding the current situation of edible oil price and supply in the market.