Page of Transmittal
April your five, 2012
Saeed Alamgir Jafar
Institute of Business Supervision, University of Dhaka.
Subject matter: Submission of the report upon ‘Edible Oil: Consumer Behavior in Bangladesh'. Dear Sir,
We, herewith, submit the last report entitled ‘Edible Essential oil: Consumer Habit in Bangladesh'. In this paper, we have looked into the current buyer behavior and future require state of edible oil in Bangladesh. This survey has been assigned to all of us for the course H-501. Analyzing the report is a great enjoyment and a fascinating as well as worthwhile experience. Inside the circumstances, for those who have further concerns regarding this kind of report, we gladly continue to be stand by if you ask for this.
Nahid Rahman(Roll#121): ______________________________
Syed Saleh Ahmed Sobhan (Roll#125): ______________________________ Khondkar Nahin Ahmed (Roll#129): ______________________________ Shuvajit Mandal (Roll#135): ______________________________ Amitav Adhikary (Roll#136): ______________________________ Md. Karim Rezwanur Rahman(Roll#137): ______________________________ Sakib Ahmed(Roll#138): ______________________________
Batch - MBA 46(D)
We wholly express each of our gratitude to the course instructor, Mr. Saeed Alamgir Jafar, Professor and Chairperson in the Management Advancement Program, Start of Organization Administration, School of Dhaka, for providing us a way to do this survey and helping us to build up an understanding of the subject in developing the report about " Consumable Oil: Client Behavior in Bangladesh” We all also communicate our relation to all of people who recognized us in any respect during the completing this survey.
Edible olive oil has always been an important part of the food culture of Bangladesh. And so understanding the customer behavior to edible olive oil is very important to dissect the economics approach to Bangladesh. Bangladesh a country having a very low every capita salary, the discuss of foodstuff expenditure always takes a significant portion of customer spending. Edible oil is definitely a crucial supply of fat intended for the low income population residing both in metropolitan and countryside areas. Consumable oil staying such an essential commodity, it is crucial to understand the trends of supply, value fluctuations, importance and foreign trade policies, govt regulations and consumers obtaining behavior toward this product. This dissertation has tried to emphasize on these facts and matters through this article. With the gross annual import of above one million tons of sophisticated edible oil alongside comparable volume of crude oil, Bangladesh offers turned into one of the biggest markets of edible petrol. For previous years, Malaysia and Philippines have been conveying refined consumable oil to Bangladesh almost on a monopoly basis, because producers from other countries failed to take on the price made available from Malaysian and Indonesia. In respect to data availed via Chittagong Slot in Bangladesh, import price of sophisticated soya veggie oil from Malaysia and Indonesia amounts between US$ 1400-1500 per ton whilst price of Palm Oil is definitely between US$ 1100-1200 every ton. Bangladeshi importers do not import processed edible oil in flexi tanks. The majority of the importers importance the essential oil in metal drums although a few import in PET bottles. Usually Bangladeshi consumers are used to consume virgin rape/mustard oil. Before '60s, petrol industries in Bangladesh meant only olive oil seed mashing units. Down the line, edible olive oil refining devices started to create in this nation gradually but till later '80s, the growth was slower. After thatthe demand for refined edible oils started to embrace pace with economic growth and development. To cope plan the situation, new refineries begun to set up and simultaneously oil from palm refining technology was likewise introduced through this country because of its growing demand. Seeing that mid '90s, when the oil from palm gradually shot to popularity, more and more palm oil refining units were...
Mentioned: 1 . " Bangladesh Acquires More Plant Oils. " Malaysian Oil from palm Fortune. Malaysian Palm Oil Bundle of money. Web. 02 Apr. 2012..
2 . " BANGLADESH OILS & FATS ACCOUNT. " Oil from palm Refiners Association of Malaysia. Palm Oil Refiners Association of Malaysia. World wide web. 02 Monthly interest. 2012..
3. " Bangladesh: One of the primary Markets of Edible Olive oil. " Flash. 1 August. 2011. Web. 02 Interest. 2012..
4. Chowdhury, K., LA Banu, H. Khan, and A. Latif. " Research on the Essential fatty acid Composition of Edible Oil. " Bangladesh Journals On the web. Bangladesh Periodicals Online. Web..
your five. K. Meters. Fakhrul Alam. " Palm Oil Plays Natural part in Meeting Edible Olive oil Demand in Bangladesh. " The Economical Express. The Financial Communicate. Web. 02 Apr. 2012..
6. " Malaysian Palm Oil. ":: Welcome to Malaysian Oil from palm::. Web. 02 Apr. 2012..
7. " Enhanced Soybean Olive oil (human Consumption). " Processed Soybean Essential oil (Human Consumption) Products Proposed by BANDHAN Agrocomm Trading & Distributions Ltd. Bangladesh. Web. 02 Apr. 2012..