THE Ministry of Commerce and Myanmar Edible Oil Dealers’ Association imported  the  palm  oil  at  the  CBM  reference  rate  of  US$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 5,543,780 visses of palm oil equal to 9,058.46 tonnes have been sold  in  Yangon,  Mandalay,  Sagaing,  Bago,  Magway,  and  Taninthayi  regions,  Nay  Pyi  Taw,  Shan  State  and  Mon State to date.

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, 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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