mustard oil price
Edible Oil Price: The prices of edible oils (Edible Oil Price hike) are constantly increasing. Edible Oil is on fire, prices have gone up from 35% to 95% in the last 1 year. Due to this the common people are facing a lot of problems, the budget of the kitchen of the general public has been spoiled.
Know when prices will decrease
According to government sources, there has been a huge increase in the prices of edible oil in 1 year. There has been an increase of up to 95 per cent in prices in 1 year. According to sources, in view of this increase, the government will review the import duty, on which the meeting of the Empowered Group of Ministers will be held soon. According to sources it is possible to cut the duty of edible oils. The Ministry of Consumer has again sent the proposal. Here, after a strong rise in soybean, it is now trading in a small range, but prices remain close to record levels. Soyabean has seen a 40 per cent rise so far this year. Soybean rally continues due to lack of supplies and good demand from China.
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Wholesale traders say that now mustard or refined oil is not going to come below Rs 140 at the moment. When the lockdown was imposed on March 24 last year, mustard oil was being sold in the market for Rs 90-95 a liter. Since then, the price has been constant at 100 and above. At the same time, another expert says that farmers are bringing mustard in the mandis, which is more in demand at present. Being the cheapest and being free from adulteration, it is also healthiest for the people. In the midst of increasing global demand, farmers are getting good prices for their produce. If the support from the government continues, achieving self-sufficiency in the case of oilseeds production will not be a far-fetched thing. On Wednesday, the price of gram pulses was Rs 100, lentil pulse Rs 50, moong dal Rs 100, moong mogar 100 rupees and tur (arhar) pulses by Rs 100 per quintal on Wednesday.