News > Edible oil boom: soybean oil prices increased by Rs 16 per kg in 7 days

Edible oil boom: soybean oil prices increased by Rs 16 per kg in 7 days

Granthshala | 15/10/2022 07:40 PM | Click to read full article

The lighting of lamps to be lit on Diwali is going to be costly, as there is a boom in cooking (edible) oil amid the festivities. Business figures show that the price of soybean oil has increased by Rs 16 per kg in 7 days.

Obviously, in such a situation, consumers have to increase their budget. Traders are giving two main reasons behind the price jump. 

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