News

Edible oil prices in India lower by 10-15%

Other Edible Vegetable Oil
India
Published Dec 29, 2021

Tridge summary

Some of the top edible oil producers have reduced prices of edible oil. Adani Wilmar (Fortune Brands), Ruchi Soya (Mahakosh, Sunrich, Ruchi Gold, Nutrella Brands), Emami (Healthy & Tasty brands), Bunge (Dalda/Gagan/Chambal brands), Gemini (Freedom Sunflower Oil brands), COFCO (Nutrilive brand), Frigorifico Allana (Sunny Brands) and Gokul Agro (Vitalife, Mahek, Zaika brands) among others have reduced the MRP on their respective edible oil brands by 10-15 per cent.

Original content

Some of the top edible oil producers have reduced prices of edible oil. Adani Wilmar (Fortune Brands), Ruchi Soya (Mahakosh, Sunrich, Ruchi Gold, Nutrella Brands), Emami (Healthy & Tasty brands), Bunge (Dalda/Gagan/Chambal brands), Gemini (Freedom Sunflower Oil brands), COFCO (Nutrilive brand), Frigorifico Allana (Sunny Brands) and Gokul Agro (Vitalife, Mahek, Zaika brands) among others have reduced the MRP on their respective edible oil brands by 10-15 per cent. The Solvent Extractors’ Association (SEA) of India has claimed that several members of the association have reduced maximum retail price (MRP) on edible oils marketed by them by 10-15% to provide relief to the consumers this festive season. Atul Chaturvedi, president, SEA, said that members responded positively to the appeal made by the association to market edible oils with realistic MRP. Last week, the association had advised its members to market edible oils with realistic MRP that the consumer needs to pay. In a ...
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