ARTICALS 3 #edible oil

The cost of basic food items continues to rise in India, impacting the daily lives of consumers. While some commodities have seen price reductions due to seasonal changes, others have experienced sharp increases over the past two years. In particular, pulses, vegetables, and edible oils have seen significant price hikes, adding to the financial burden on households across the country.

India's edible oil imports in February saw a dramatic drop, reaching their lowest level in four years, as imports of soyoil and sunflower oil plummeted.

The edible oil market remains volatile despite considerable efforts to stabilise the market during this Ramadan.Prices of some other essential commodities, however, have declined on the third day of Ramadan, giving some relief to consumers.