July 3, 2022

Pune: The costs of safe to eat oil are hovering because the import of sunflower oil from Ukraine and Russia has stopped amid the continuing conflict between the 2 nations.

Kanhaiya Lal Gujrathi, Director, Poona Product owner’s Chamber, advised ANI, “The oil costs have higher via round Rs 300 to Rs 400 according to 15 kg container. There’s a scarcity of oil out there because the import has stopped utterly.” Any other dealer stated, “There’s a scarcity of oil out there and the velocity, particularly of the sunflower oil, has higher via round Rs 600 according to 15 kg container which goes to have an effect on the average guy.” The sunflower oil is imported in India majorly from Ukraine and Russia.

Gujrathi stated, “Ahead of the conflict between the 2 countries began, the soyabean oil used to be offered round Rs 1950 which has now higher to Rs 2500, whilst the sunflower oil used to be previous at Rs 2,150 which has now crossed Rs 2,750.” A store whilst talking to ANI stated, “The charges of oil is not going to come down till the conflict is happening. Folks have began to replenish on safe to eat oil as they concern that they are going to now not get sufficient in long term.”

Printed on: Tuesday, March 15, 2022, 07:40 AM IST

See also  RBI lifts restrictions on HDFC Financial institution's 'Virtual 2.0' plan