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

1 Like 0 Dislike
Previous news Next news
Other news

Cancellation of orders for iPhone 13 in Flipkart sale, customers furious

Flipkart Big Billion Days Sale 2022 started on 23 September. During this sale, most of the people

Russia-Ukraine War: Russia's third airstrike on Ukraine in six days, dark again in Kyiv

On Sunday evening, Ukraine's capital Kyiv was restored to power supply disrupted for weeks, but a

New revelation in Puneet case: Manika's post on Insta is in discussion, 'After toxic environment and abuse'...

A sensational case similar to that of Atul Subhash of Bangalore has come to light in Delhi. Woodb

Germany Coup: 25 people belonging to extremist group in custody, planned armed coup in Germany

Heavy police personnel raided some 130 locations of far-right extremists in Germany. During this,

FDI: FDI of $ 475 billion may come into the country in five years, MNC considers India as an attractive investment destination

With a focus on reforms and growth rate, India can achieve foreign direct investment (FDI) of $ 4

'Poster boys' of Bharat Jodo Yatra: Walk 10 km ahead of Yatra, put up poster-banners

Today is the 6th day of the Bharat Jodo Yatra in Madhya Pradesh. The journey is in Indore. There

Manoj Kumar: 'A symbol of Indian cinema, patriotism was reflected in his films', PM Modi on the demise of Manoj Kumar

Actor and film director Manoj Kumar died at the age of 87 at Kokilaben Dhirubhai Ambani Hospital.

CTET 2022: Know from which date the exam will start, will the normalization system be applicable in this CTET exam?

The Central Teacher Eligibility Test (CTET) 2022 to be organized by the Central Board of Secondar

Chandrayaan-3: ISRO gets big success, Chandrayaan-3's cryogenic engine test successful

Indian Space Research Organization (ISRO) has achieved great success under its Moon Mission Chand

Taiwan retaliated on China, said - will not compromise on its sovereignty

Taiwan has responded by reversing China's statement, in which China said that it will do anything

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash