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Govt urged to stabilise ghee, vegetable oil prices - Newspaper


Branded and unbranded ghee and cooking oil available in small and large packs and pouches at a retail shop in Karachi. White Star/File
ISLAMABAD: As vegetable oil and ghee rates remain volatile, mainly moving upwards, the stakeholders in the sector have demanded that the government revise duty structures to help maintain prices in the local market.
The Pakistan Vanaspati Manufacturers Association (PVMA) in a presentation sent to the ministry of industries on Wednesday informed the government that the price of processed ‘refined, bleached and deodorised’ (RBD) palm oil issued from Singapore was $787 per tonne at the start of 2020, it dropped to $512 per tonne in the first week of May 2020, but with supplies running short, it jumped to $750 in the first week of November 2020 and surged to $1,050 per tonne last week. ....

Farid Qureshi , Sheikh Abdul Waheed , Pakistan Oilseed Development Board , Karachi Retail Grocers Group , Pakistan Vanaspati Manufacturers Association , Production Hammad Azhar , பாரித் கரிஶி , ஷேக் அப்துல் வீத் , கராச்சி சில்லறை மளிகைக்கடைக்காரர்கள் குழு , பாக்கிஸ்தான் வனஸ்பதி உற்பத்தியாளர்கள் சங்கம் , ப்ரொடக்ஶந் ஹம்மட் அஜார் ,