April 19, 2025
Sellers are pushing the new cooking oil price before fresh stock arrives
Importers have been paying a uniform 5 percent levy until now
Low supply of summer vegetables keeps prices elevated, say sellers
The commerce advisor says that the price of palm oil – which accounts for 60 percent of the edible oil market – is lower than the rate set by the government
He highlights monitoring efforts to ensure stable supply and pricing
"A crisis of cooking oil has developed. The government should look into it to find whether it’s a false crisis or if there is any other reason behind it,” says a customer
Consumers have complained that they cannot find cooking oil even after visiting multiple stores