Policy● Neutral for Indian equities
IVPA asks members to reduce retail prices of edible oil
The brief
- IVPA asked members to reduce edible oil retail prices
- The association seeks weekly price disclosures as duty cuts aim to ease consumer costs
- Lower edible oil prices may benefit Indian consumers and food companies, while pressuring oil producers
- Fertiliser prices, Hormuz disruption threaten global food security: Nirmala Sitharaman
- Global food prices reach near four-year high in September amid supply disruptions
- India weighs lower pulse import duties to curb food inflation
- India steps up palm oil buying after import-duty cut spurs restocking
- The Biggest Jump in Global Crop Prices Since 2022 Threatens to Boost Inflation