Agri Buzz: Government Lifted Restrictions On Stocks Of Wholesale Edible Oil

2 Nov 2022 , 01:55 PM

The Union government has lifted restrictions on stocks of edible oil wholesalers can store owing to an increase in global supplies and stable domestic prices. The exemption on stock limits will also apply to big-chain suppliers and super markets, the government added. As the price situation of major edible oils is now witnessing a gradual reversal as there is considerable decline in the prices of edible oil in the international market as well as the domestic market, the stock limit order was reviewed, a press statement by the consumer affairs ministry said.Powered by Commodity Insights