Edible Oil: Prices of edible oil reduced by Rs 10-15 a liter, Food Secretary said – prices may decrease further now

Posted on 23rd Jun 2022 03:31 pm by rohit kumar

Due to the softening of prices in the international markets and the intervention of the government, the price of edible oil has come down by Rs 10-15 per liter. Food Secretary Sudhanshu Pandey said on Wednesday that except for groundnut oil, all other oil prices have come down in the last few days.

 

Last week, big brands such as Adani Wilmar, Mother Dairy, and others announced a reduction in MRP. However, its benefit will be available only in the next few days as it will take time for the new stock to reach the market.

 

Sunflower Oil Price of Rs 3 cheaper Sunflower Oil has come down from Rs 193 to Rs 190. The price of palm oil has come down from Rs 156 to Rs 152. The Consumer Ministry monitors the prices of a total of 22 essential commodities. Their data is collected from 167 markets.

 

It has pulses, rice, wheat, flour, sugar, milk, potatoes, tea leaves, onions, tomatoes, and other things. Sudhanshu Pandey said that not only the prices of edible oil but also the prices of wheat and other flours are stable in the retail market.

 

Groundnut oil price hike

 

According to consumer affairs ministry data, groundnut oil prices rose to Rs 188 on June 21 from Rs 186 a liter on June 1.

 

The price of mustard oil declined from Rs 183 to Rs 180 during this period. The price of vegetable oil is Rs 165, while the price of soya oil has come down from Rs 169.65 to Rs 167.67. The prices of edible oil and other major commodities may fall further in the coming days.

 

Also Read: Food crisis: Wheat scorched due to scorching heat, this time lowest production in 20 years

Other news

IND vs ENG: Rohit Sharma revealed the major shortcomings of the Indian team despite the victory over England, said - 'We made this mistake'

The Indian team on Sunday registered its sixth consecutive win by defeating defending champions E

One country-one election bill will be presented in Lok Sabha today, BJP issued a whip to MPs

The Constitution (129th Amendment) Bill for 'One Nation One Election' is going to be introduced i

Such devastation due to flood in America, Emergency had to be imposed: 19 died, loss of 2 lakh crores; Know the atmospheric river which is bringing storm

The US state of California is in the grip of a dangerous storm. So far 19 people have lost their

Shinde is 'Shiv Sena' in Thane: Autorickshaw was driven in the streets here, wages on the streets and now Eknath is the 'Thackeray' of Thane

In the current political turmoil in Maharashtra, the person whose name is most discussed is Eknat

'Pakistanis are paying a heavy price for the conspiracy to change power', Imran Khan said - Inflation will reach a new height

Pakistan Economic Crisis: Former Prime Minister Imran Khan said that Pakistanis are paying a heav

IND vs PAK Asia Cup: 'Ban the live telecast of India-Pakistan match in Asia Cup', Priyanka Chaturvedi demands

Shiv Sena (Uddhav Balasaheb Thackeray) MP Priyanka Chaturvedi has demanded a ban on the live tele

Naresh Tikait threatens, will set lives on fire, said in Meerut Kisan Panchayat – Tikait family is not like Vikas Dubey

BKU President Naresh Tikait, who came to the Kisan Panchayat at Urja Bhawan in Meerut, said that

Sandeshkhali: 'Had to be arrested under compulsion..', BJP said on the arrest of Shahjahan Sheikh, accused Trinamool

Shahjahan Sheikh, accused in the Sandeshkhali violence case in West Bengal, was arrested by the p

Turkiye trapped for helping Pakistan, RSS's affiliate organization demands ban; Appeal for boycott

During the conflict between India and Pakistan, the Turkish government openly supported Pakistan.

Karwa Chauth 2023: The coincidence of Shiva Yoga with Sarvath Siddha Yoga is making this Karwa Chauth very auspicious

Karwa Chauth is the festival of wishing for unbroken good fortune. This time the worship of the m