New Delhi: Mother Dairy on Thursday said it has cut prices of soybean and rice bran oil by up to Rs 15 per liter, a day after the government asked edible oil companies to slash global cooking oil prices. Instructions have been given to pass on the benefits to the consumers. , Mother Dairy, which is one of the leading milk suppliers in Delhi-NCR, sells edible oils under the Dhara brand.
“Given the benefit of government intervention to consumers later, we have reduced the MRP of Dhara Soyabean Oil and Dhara Ricebran Oil by Rs 15 per liter, which will be available in the market by next week,” a company said. The spokesperson told PTI. (Also read: ED raids Vivo: Chinese smartphone maker sends 50 per cent turnover to China)
It expects a reduction in the MRP (Maximum Retail Price) of sunflower oil in the next 15-20 days. (Also read: Zomato orders cost more than dine-in or take away? Firm responds to post highlighting high cost of ordering food online)
On June 16, Mother Dairy had reduced the prices of its cooking oil by up to Rs 15 per liter in line with the softening of prices in the global markets.
Amid falling global prices, the government on Wednesday asked edible oil manufacturers to cut the maximum retail price (MRP) of imported cooking oils by up to Rs 10 per liter within a week and maintain the same MRP of the same brand. instructed. oil across the country