Inflation hit general public! Edible oil became costlier by 30% in 5 days
Inflation hit general public! Edible oil became costlier by 30% in 5 days
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New Delhi: Due to the Corona pandemic and now the war in Russia-Ukraine, the prices of edible oils have increased. Although it has not yet had an impact on the prices of mustard oil, experts believe that it is likely to have an impact on the prices of mustard oil in the coming time. In fact, the prices of edible oils are witnessing a steep rise in the markets across the country. Prices of refined and sunflower oil, in particular, have registered a rise of about 30 per cent within the last 15 days. 

15 days ago, where the refined was Rs 140 a litre, it has now increased to Rs 165 per litre. Sunflower oil was earlier Rs 140, which has now become Rs 170. At the same time, the price of desi ghee was earlier Rs 360 per litre, which has now increased by Rs 420 and the prices of vegetable oils by Rs 20.

Russia and Ukraine are the biggest producers of sunflower oil. First corona and now the supply chain has been affected due to war. The impact of which is being seen on markets around the world. Experts say that there is some reason behind the expensive food items. These include a 30 percent increase in global crude oil prices, the Russia-Ukraine war, the costlier freight loading, disruption of supply lines, and the import of palm oil in the winter.

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