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
One of the most consumed, Nga-gyi-gan fish price higher in the market
Myanmar Rescue Organization provides water to insufficient areas and plans to continue to help
Putao to Mt Hponkanrazi climbing tour arranged in April to enjoy the greatest beauty with dense snow caps
Car rental for travelling recently increases, day trips around Yangon rise
Promoting yam eating culture in Myanmar to develop domestic market
SAC Chairman Commander-in-Chief of Defence Services Senior General Thadoe Maha Thray Sithu Thadoe Thiri Thudhamma Min Aung Hlaing delivers speech at 79th Anniversary of Armed Forces Day parade
Tatmadaw families led by Senior General Min Aung Hlaing and wife pay respect to retired senior military officers who attended 79th Anniversary of Armed Forces Day ceremony
SAC Chairman, senior military officers pay tribute at Memorial to Fallen Heroes in Nay Pyi Taw
Senior General: National Defence and Security Council to facilitate transition to democratically elected government
SAC Vice-Chairman Deputy Commander-in-Chief of Defence Services Commander-in-Chief (Army) Vice-Senior General Soe Win and wife pay respect to Independence Mawgun Award winners who will attend 79th Anniversary of Armed Forces Day Parade