Palm oil distributed at reasonable prices nationwide

LOCAL NEWS

THE Ministry of Commerce and Myanmar Edible Oil Dealers’ Association imported the palm oil at the CBM reference rate and sold it at 3,700 kyats per viss at wholesale price in different states and regions for the public beginning 20 September.
A total of 7,916,755 visses of palm oil equal to 12,935.88 tonnes have been sold in Nay Pyi Taw Union Territory, Yangon, Mandalay, Sagaing, Bago, Magway and Taninthayi regions and Shan State to date.
The officials arrange oil tankers to sell in the wards of Yangon and also will provide trucks in regions and states.
The palm oil wholesalers will have to resell the oil not more than 2 per cent of net profit at retail outlets and the wholesalers and retailers can contact Myanmar Edible Oil Dealers’ Association (No. 104/108, Strand Street, Hlutlat Yay Quarter, Ahlon Township) at 09-444437295 and 09- 401527049 and Department of Consumer Affairs, Yangon Region at 01- 250270 and 09-43666668 to buy the palm oil.—MNA

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