THE  Ministry  of  Commerce  and Myanmar Edible Oil Dealers’  Association  imported  the  palm oil at the CBM reference rate of USD 12 million and sold it at K4,240 per viss at wholesale price in different states and regions for the public beginning 9 November.

A total of 4,139,630 visses of palm oil equal to 6,764.10 tonnes have been sold in Yangon, Mandalay, Sagaing, Bago, Magway, and  Taninthayi  regions,  Nay  Pyi  Taw,  Shan  State  and  Mon  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  with  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,  Lutlat  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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