Business

Oil Price Cut: Big relief from kitchen inflation, this big company has reduced the price of edible oil

Photo:FILE

Edible oil

Highlights

  • Famous brand Dhara cuts prices of Mustard, Sunflower and Soyabean oil
  • Mother Dairy has said that the prices of edible oils have come down in the global markets.
  • MRP of edible oils is being reduced by up to Rs 15 per liter

Since March this year, the wild pace of inflation has broken the back of the common people. From scooter oil to cooking oil prices, the common man’s sweat has been removed. But the bad times seem to have passed. After the reduction in petrol and diesel, now edible oil has also started declining. Major edible oil companies of the country are cutting prices.

Dhara’s oil became cheaper by Rs 15

Meanwhile, famous brand Dhara has announced reduction in the prices of mustard, sunflower and soybean oil. Let us inform that Dhara is the brand of Delhi-NCR dairy company Mother Dairy. Oil prices have been reduced by up to Rs 15 per liter in Dhara Oil Prices. Mother Dairy has said that the prices of edible oils have come down in the global markets. In view of this, he has taken this step.

oil prices before and now

  • Dhara Mustard oil Rs 208 Rs 193
  • Dhara Refined Sunflower Oil Rs 235 Rs 220
  • Dhara Refined Soyabean Oil Rs 209 Rs 194

Prices reduced due to the efforts of the government

Mother Dairy said in a statement, “The MRP of Dhara Edible Oils is being reduced by up to Rs 15 per liter.” Due to increased availability. With the new MRP, Dhara Edible Oil will reach the market by next week.

India imports 60% oil

Edible oil prices have remained very high since last one year due to higher rates in the international market. India imports around 13 million tonnes of edible oils annually to meet the domestic demand. The country’s import dependence for edible oils is 60 percent.

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Shivam Bangwal

Shivam Bangwal is an Indian based entrepreneur who is a tech, travel and coding enthusiast with a post graduation degree on Master's of Computer Applications. He is a founder of Youthistaan, People News Chronicle, Hitchhike TV, Branding Panther and many more.
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