EDIBLE OILS

May 31, 2021

Edible oil prices have risen sharply in recent months.

About:

  • The prices of six edible oils — groundnut oil, mustard oil, vanaspati, soya oil, sunflower oil and palm oil — have risen between 20% and 56% at all-India levels in the last one year, data on the Department of Consumer Affairs website show.

  • With rising incomes and changing food habits, consumption of edible oils has been rising over the years. While mustard oil is consumed mostly in rural areas, the share of refined oils —sunflower oil and soyabean oil — is higher in urban areas.