Palm oil to be sold through Myanmar Edible Oil Dealers’​ Association

NATIONAL NEWS

The Central Bank of Myanmar will sell palm oil with foreign currency equivalent to K3,700 per viss at wholesale prices through the Myanmar Edible Oil Dealers’​ Association, in order to avoid a sharp rise in oil prices due to the recent rise in foreign exchange rates.
Arrangements are being made to avoid shortages of edible oils in the market, and to get price stability and consumer fairness, officials said.
Retailers and wholesalers who can sell the palm oil to consumers with no more than a two-per-cent profit margin can contact the Myanmar Edible Oil Dealers’​ Association starting from 20 September, according to an announcement released by the association. The Myanmar Edible Oil Dealers’​ Association is located at No. B / 81 – 82, Bayintnaung commodity warehouse, Gangaw Road, Mayangon Township, Yangon Region.
Interested person can contact the association at phone numbers: 09-444437295 and 09-401527049.—Myo Min Thura/GNLM

Share this post
Hot News
Hot News
False claims: Security forces destroyed houses and motorbikes in Madaya
As today is a knowledge age, students who actually pursue education will have deserved opportunities
Illegal goods seized in various states/regions
MNHRC inspects Twantay Myoma Police Lock-up, Mibagon Home for the Aged
Specialists offer medical treatments to residents in Hpa-an on field trip
Myanmar Charge d’Affaires calls on new Speaker of Vietnam’s National Assembly
Growing interest among women in traditionally male seafaring professions
Authorities receive 38 Myanmar nationals repatriated from India
Signing Ceremony of the Agreement on Transfer of Funds for MLC Special Fund (2024) Projects held in Nay Pyi Taw to commemorate 74th Anniversary of Establishment of Diplomatic Relations between Myanmar and China
Children’s umbrellas sell well