The Ministry of Consumer Affairs on Friday claimed that prices of eight types of edible oils in the wholesale markets across the country are showing a declining trend over the last week after it took several measures to boost domestic supply and curb hoarding. As per the data shared by the ministry, , the wholesale price of palm oil fell 2.50 per cent to Rs 12,349 per tonne as on September 14 from Rs 12,666 per tonne a week ago. Similarly, wholesale rate of sunflower oil fell 1.30 per cent to Rs 15,965 per tonne as on September 14 from Rs 16,176 per tonne a week ago. Wholesale rate of groundnut oil dropped 1.38 per cent to Rs 16,839 per tonne, while that of mustard oil and vanaspati declined by less than 1 per cent to Rs 16,573 per tonne and Rs 12,508 per tonne.
While wholesale price of sesame oil slipped 2.08 per cent to Rs 23,500 per tonne, coconut oil eased by 1.72 per cent to Rs 17,100 per tonne.
The price monitoring division’s data of the ministry showed that the highest price of groundnut was reported of Rs 247 a kg in Moradabad in Uttar Pradesh while the minimum rate was Rs 120 a kg in Rampurhat.