Good news on edible oil prices! Nearly 20% decline in rates – check revised price list here

The government said it is working on a series of mid- and long-term measures to resolve the issue of soaring edible prices on a permanent basis.

New Delhi: The government has said that edible oil prices have started falling in the past one month, and the quantum of decline is nearly 20 per cent in some cases. “Edible oil prices in India are showing a declining trend across a wide array of oils. As per the data from Department of Consumer Affairs, over the past month, the prices of edible oils are now coming down. In some cases, the decline is by as much as nearly 20 %, as shown in prices in Mumbai,” an official release said. 1. The price of Palm Oil was Rs 142 per kg on May 7 ‘21 now it came down to Rs 115 per kg, a drop of 19%.