Edible oil turns into bio-diesel

Prices of edible oil have registered an upward trend worldwide due to increase in the price of petroleum products and production of bio-diesel with palm fruits, market operators said.
Many oil import dependent countries including Bangladesh have been the worst affected by the soaring price of fuel oil.

Bangladesh, which largely depends on imports to meet its edible oil requirement, fears a rise in the prices of palm oil in both international and local markets for the diversification of its use.
Financial Express bd