Prices of Ghee and Cooking Oil fell sharply
There is good news for Pakistanis suffering from inflation that the price of Banaspati Ghee and Cooking Oil has come down.
According to reports, the branded Cooking Oil available at Rs 550 per kg has become cheaper by Rs 440 to Rs 450. Meezan Cooking Oil has come down to Rs 450 from Rs 550, while Olive Oil has come down to Rs 350 from Rs 450. Canola Oil has come down from Rs 480 to Rs 375 and Mustard Oil has come down to Rs 350 from Rs 450 in Pakistan.
On the other hand, prices have also decreased at the global level. The prices of cooking oil per ton in the world market decreased from $4,243 to $3,866. After which further reduction in cooking oil and banaspati ghee prices is expected.
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