After potato and onion, the price of edible oil has now gone up due to a sharp increase in the cost of oilseeds. There has been a 53 per cent hike in the crude palm oil (CPO) prices in the domestic futures market, in the past six months due to a decline in palm oil production in Malaysia. Soybean and mustard prices are also witnessing a steady rise. from IndiaTV Business: Google News Feed https://ift.tt/3jWrl3a
After potato and onion, the price of edible oil has now gone up due to a sharp increase in the cost of oilseeds. There has been a 53 per cent hike in the crude palm oil (CPO) prices in the domestic futures market, in the past six months due to a decline in palm oil production in Malaysia. Soybean and mustard prices are also witnessing a steady rise.