Ghee and cooking oil prices go down samaa.tv - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from samaa.tv Daily Mail and Mail on Sunday newspapers.
Branded and unbranded ghee and cooking oil available in small and large packs and pouches at a retail shop in Karachi. White Star/File
ISLAMABAD: As vegetable oil and ghee rates remain volatile, mainly moving upwards, the stakeholders in the sector have demanded that the government revise duty structures to help maintain prices in the local market.
The Pakistan Vanaspati Manufacturers Association (PVMA) in a presentation sent to the ministry of industries on Wednesday informed the government that the price of processed ‘refined, bleached and deodorised’ (RBD) palm oil issued from Singapore was $787 per tonne at the start of 2020, it dropped to $512 per tonne in the first week of May 2020, but with supplies running short, it jumped to $750 in the first week of November 2020 and surged to $1,050 per tonne last week.