Good news! Price of edible oil slashed, check details
Cuttack: In what can be considered as a piece of good news for the consumers, the price of edible oil has been slashed. The price of mustard oil has been reduced by Rs 10 per litre on Tuesday.
Informed about the development, Secretary of Odisha Traders Association, Sudhakar Panda said that the price of the mustard oil has been cut by Rs 10 per litre in the wake of the reduction of prices of fuel (petrol and diesel). It is to be noted here that the Union Government has reduced the Petrol price by Rs 9.5 and diesel by Rs 7 per litre.
Therefore, the consumers, who pay Rs 180- Rs 200 for one litre of mustard oil, will now pay Rs 170- Rs 190. However, the new price will come into effect from next week.
It is expected that the prices of sugar, refined oil and other essential commodities will also likely come down gradually.