Edible oil prices will soften by Rs 15/litre in a few weeks: Industry

Decision arrived at today during a meeting between industry players & officials

Sunflower Oil

(Photo: Bloomberg)

Sanjeeb MukherjeeAgencies New Delhi
The edible oil industry has assured the government of further reduction in retail prices by at least Rs 10-15 a litre in the next few weeks, trade sources said.

The assurance was given during a meeting that the industry had with senior officials from the food ministry on various issues concerning the edible oil industry.

PTI reported that food secretary Sudhanshu Pandey — while directing the industry to lower prices — also asked the players to maintain a uniform maximum retail price (MRP) of the same brands of cooking oils across the country. Currently, there is a difference of Rs 3-5 per litre in different zones.

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First Published: Jul 06 2022 | 10:01 PM IST

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