File Photo
Rice bran oil must be exported with permission. Subject to this condition, rice bran oil (rice bran oil) and rice bran crude oil have been included in the list of export products. The Ministry of Commerce issued an order in this regard on Wednesday (January 15, 2025). The opportunity to export rice bran oil remains in place until further orders.
Rice bran oil production in the country has increased for a decade. Sales at the consumer level have increased. The Ministry of Commerce has included rice bran, refined rice bran oil and unrefined rice bran oil in the list of export products under the Export Policy 2024-27, subject to conditions.
Rashid Oil Mills Limited first started producing this rice bran oil under the White Gold brand in Ishwardi, Pabna in 2011. After that, several big companies have entered this business.
The annual demand for edible oil in the country is about 2.2 to 2.3 million tons. Against this demand, about 90 percent of the demand is met by importing crude soybean and palm oil and refining it locally. According to the Bangladesh Rice Bran Oil Mills Association, there are a total of 20 rice bran oil mills in the country. The annual production capacity of these mills is 453,000 tons.
Source: Online/OFA
Comment Now