Centre imposes stock limits on edible oils to soften prices in domestic market : Rashtra News The Centre on Sunday imposed stock limits on traders of edible oils and oilseeds, barring importers and exporters, till March 31, in a bid to check rising domestic prices and give relief to consumers. Already, futures trading in mustard
The stakeholders were advised to take up the issue with their members immediately and ensure that the MRP of each oil brand be reduced in line with the decline in the international prices of edible oils with immediate effect.
As per government data, the average retail prices of packaged edible oils have ease slightly, except for groundnut oil, across the country since the beginning of this month and are ruling between Rs 150 and 190 per kg.
He said that fuel prices jumped after crude oil prices rose across the world. He also said that the commodities prices are higher in non-BJP ruled states.