The Budget Of Housewives Will Be Disrupted Due To Rising Prices Of Groundnut Oil And Cotton

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Edible Oil Price Hike: With the entry of monsoon, the budget of the housewives has been disrupted due to the increase in the prices of vegetables in many places, now the price of edible oil is also seeing a flare-up once again. The prices of castor oil, cottonseed oil and palm oil have increased by Rs 20 a can.

In the monsoons, when people crave fried items like Ngutiya Bhajiya more, the increase in prices can also lead to an increase in the prices of these items.

The price of a can of coconut oil has increased from 2800 to 2820. While the price of cotton cans has increased from 1675 to 1695. So palm oil price went from 1420 to 1440. is

Monsoon has duly arrived in the state including Ahmedabad. Meanwhile, the prices of ginger, green chillies and coriander have seen a big jump in the vegetable market. The price of Bangalore ginger has reached Rs 200 to Rs 220 per kg in the wholesale market, while the price of Satara ginger is Rs 160 to Rs 170 per kg in the wholesale market. The retail price of ginger is Rs. 240 to 300 has reached.

The price of green chillies has been recorded as the highest in the wholesale market. 100 in the wholesale market and 150 in the retail market. The price of coriander has also reached Rs 80 to Rs 100 per kg. Housewives have become disturbed due to the increase in the prices of ginger, coriander, chili after tomato.

The effect of the hot weather is now being seen on the pockets of the common man as well. Tomato prices have doubled in many parts of the country during the last week. Tomato prices in the retail market increased from Rs 80 to Rs 120 per kg. On the other hand, the wholesale price of tomato has increased from Rs 30-35 per kg to Rs 65-70 per kg.

Recently, the government decided to reduce the import duty on sunflower and soybean oil from 17.5 percent to 12.5 percent. The Ministry of Finance had issued a circular in this regard. Generally, ‘crude’ soybean and sunflower oil are imported into India and then refined locally. Despite this process, the government has reduced import duty on refined soybean and sunflower oil.