Gujarat State Edible Oils and Oil Seeds Association has written to PM Modi pointing out a significant drop in prices of edible oils vis-à-vis the corresponding period last year. The highest drop of 45.95 % was reported in the price of refined sunflower oil.
The average wholesale price of mustard oil is hovering around Rs 1,050 per 10 kg, 31 per cent lower compared to the April-May average wholesale price of Rs 1,525, Shah stated in his letter dated April 22.