Good news for the common man!!!
Inflation continues to break the back of the country, but in the meantime, a piece of relief news has come to the fore for the common man as the prices of edible oils including mustard oil were cut again on friday night. At the same time, its effect was also seen on the supply and due to the increase in supply, prices have seen a fall.
Plenty of supplyActually, now the supply of mustard has increased. On friday, where 5 lakh sacks of mustard were supplied. On the other hand, on Saturday, this supply increased to 7 lakh sacks. Due to this, the price of mustard fell by Rs 25 per quintal. In such a situation, there is a possibility of a big fall in the prices of edible oil.
Fall in prices in UP tooApart from this, if we talk about Uttar Pradesh, according to the news, on april 3, the price of mustard oil opened here at Rs 157, whereas last year the price of mustard had reached the highest level of Rs 210. Now there is a fall of more than Rs 50 in the prices of mustard oil.
The special thing is that not only mustard oil but also groundnut oil prices have seen a fall due to weak demand. It is worth noting that with the increase in the prices of petrol and diesel, there has been a possibility of an increase in the prices of freight continuously. In such a situation, there was a possibility of increasing inflation in the prices of edible oil, but at present, the common man seems to be getting relief from the reduction in the prices of edible oils.