Branded edible oil makers have slashed prices!!!


In the midst of rising inflation, the price of edible oil is about to come down, giving some relief to the consumers. 


Last week, edible oil companies like adani Wilmar and Mother Dairy reduced the MRP for various types of edible oils by Rs 10 to 15 per liter. Both the companies said that the stock with the new MRP will come on the market soon. Not only edible oil but retail wheat and wheat flour prices are also stable. 


Oil brands reduce MRP as per norms

A senior food ministry official said major edible oil brands have reduced MRP in a phased manner and recently they have cut prices by Rs 10 to 15 per liter. According to data compiled by the Department of Consumer Affairs, the average retail price of groundnut oil (packed) on june 21 was Rs 188.14 per liter as against Rs 186.43 per liter on june 1.

The price of mustard oil has come down slightly from Rs 183.68 per liter on june 1 to Rs 180.85 per liter on june 21. The price of vegetable oil remains unchanged at Rs 165 per liter.

Soya oil prices declined marginally to Rs 167.67 from Rs 169.65, while sunflower oil prices declined marginally to Rs 189.99 per liter from Rs 193 per liter. The price of palm oil has come down from Rs 156.52 on june 1 to Rs 152.52 per liter on june 21.

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