Commodity Special Show: Cooking Oils To Get Cheaper By Next Week As Brands Cut MRPs By Up To Rs 20 Litre
Companies have slashed prices of edible oil. MRP Price reduced by Rs 10-20 litres. Palm oil became the cheapest in 4 months. Palm oil prices fell 9% this week. Soybean oil in the US reached 2-month low. There is a possibility of further increase in edible oil exports in Indonesia. Soya oil imports jumped 37% in May (MoM). How is the supply of edible oil? Will oil prices fall further? How much oil will be imported from Indonesia? Watch special discussion with 3 big oil industries on Commodity Special Show with Mrityunjay Kumar Jha.
Written By: Zee Business Video Team