The Russo-Ukrainian war continues. The effects of this war have been felt around the world. In this context, the effects of war have also been felt in Odisha. In particular, the war on edible oil prices has led to a gradual rise in prices. But reports from People say that’s just what’s happening. Despite the fact that the supply department has issued strict orders to keep an eye on the stockholders, the effect has not been felt but the shopkeepers have heard – the supply for the war has been cut off.
Oil Price in Bhubaneswar
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Today Oil Price in Odisha
The issue’s end has the recaptured Doomsday in the control of the Ukrainian government again and again. The price of edible oil is rising day by day. Some dealers said the maximum retail price or MRP in oil packets remained unchanged. But they are buying between Rs 15 and Rs 20 per pack. So, they would only resort to this as a last resort. In retail, prices have risen accordingly. Many cooking oil purchases have been halted over the past week due to wholesale prices. So there are signs of a shortage in the market ahead. Last week, the price of sunflower and palm oil rose by Rs 80 and Rs 80, respectively.
Oil Price in Odisha Today
Odisha does not produce any edible oil, while consuming between 1,500 and 2,000 tonnes of oil per day. Many families have even started stockpiling edible oil in advance. Estimate how much impact each market will have if each family buys more than one liter. Previously, the price of branded sunflower oil was Rs 130 per liter, up from last week, but now in some places it is Rs 145 per liter. Last week, palm oil was priced at Rs 122 per liter, but now it has hit 156. Sunflower oil comes from Russia or Ukraine, but palm oil comes from Malaysia.