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Data Analysis

Coconut Oil Prices Have Fallen Since India Cut Basic Duties for Edible Oils

Other Coconut Oil
Vegetable Oil
Other Coconut Oil
India
Price Trend

Summary

The price of coconut oil has fallen since the import duty on edible oil was cut. Since prices were already high at the beginning of the year, the government sought to lower tariffs to stabilize domestic prices. Coconut oil managed to drop -22.79% YoY and was valued at USD 2.27 per kg last December.
Jan 5, 2022
By Rimelda Rinaldi
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