According to market sources, after flour, the price of ghee per 1 KG has also decreased in Lahore.
The president of the Grocery Merchants Association says that the price of a 20-kilogram bag of flour has decreased by Rs. 200 to Rs. 1,550, and the price of ghee has decreased.
According to the president of the Grocery Merchants Association, the price of ghee per kilogram has decreased by Rs. 29 in a month.
The president of the Grocery Merchants Association says the administration seems completely unsuccessful in reducing the prices of mutton and poultry meat.
Prices of basic goods in Pakistan have increased again. After flour, the price of ghee also increased. The prices of ghee and oil has been increased by Rs 50 per kg.
Grade I ghee increased from Rs 480 to Rs 490 per kg. Grade II ghee increased from Rs 450 to Rs 470 per kg. Grade III ghee increased from Rs 390 to Rs 440 per kg.
There is also the problem of supply and demand in the market. Company owners say that prices have gone up due to instability in the market. Prices are not inflated by us.
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.
The Utility Store Corporation of Pakistan has degreased the Ghee and Oil Price in Pakistan. The prices of cooking oil and ghee of Dalda and Punjab oil mills have been reduced.
1 kilo of Dalda cooking oil will be available at Rs 508 instead of Rs 523. Natural banaspati ghee will be sold at Rs 483 per kg instead of Rs 495, natural cooking oil will be provided at Rs 550 per liter instead of Rs 568.
Product Name
Quantity
Old Price
New Price
Difference
Dalda (fortified) Cooking Oil
1 Liter (Pouch)
523
508
-15
Dalda Cooking Oil
5 Liter (Tin)
2,645
2,565
-80
Dalda Cooking Oil
2.5 Liter (Tin)
1,343
1,300
-43
Dalda Canola Oil
10 Liter (Jerry Can)
5,250
5,100
-150
Dalda Cooking Oil
4.5 Liter (Bottle)
2,435
2,360
-75
Dalda Cooking Oil
3 Liter (Bottle)
1,623
1,573
-50
Dalda (Fortified cooking oil)
1 Liter (Standup pouch)
534
518
-16
These were the prices of Braded cooking oil prices in Pakistan. Below prices are canola cooking oil and ghee prices
Product Name
Quantity
Old Price
New Price
Difference
Naturelle Banaspati
5 KG Tin)
2,505
2,450
55
Naturelle Banaspati
1 KG (Pouch)
495
483
12
Naturelle Cooking Oil
1 Liter (Bottle)
568
550
18
Naturelle Cooking Oil
3 Liter (Bottle)
1,670
1,610
60
Naturelle Cooking Oil
4.5 Liter (Bottle)
2,495
2,410
85
Naturelle Cooking Oil
1×5 Liter (Pouch)
538
520
18
Canolive Premium Cooking Oil
3 Liter (Bottle)
1,830
1,800
30
Canolive Premium Cooking Oil
1 Liter (Bottle)
619
610
9
Canolive Premium Cooking Oil
1×5 Liter
580
570
10
Canolive Oil
1×5 Liter (Nozzle Pack)
599
590
9
Canolive Cooking Oil
4.5 Liter (Bottle)
2,750
2,700
50
Canolive Premium Cooking Oil
10 Liter (Can)
5,940
5,850
90
1 Liter Cooking Oil Price in Pakistan
According to Utility Store Corporation of Pakistan, 1 liter of cooking oil will be sold for Rs 508. which was earlier selling at Rs 523 per litre.
5 Litre Cooking Oil Price in Pakistan
According to Utility Store Corporation of Pakistan, 5 litre of cooking oil will be sold for Rs 2,565. which was earlier selling at Rs 2,645 per 5 litre.
Canolive Oil Price in Pakistan
1 Litre Canolive Premium Cooking Price in Pakistan is Rs 570 instead of Rs 580. While Canolive Oil 3 liter price is Rs 1,800 instead of Rs 1,830. 10 litre Canolive Cooking oil is in Rs 5,850 instead of 5,940.
The caretaker government has slashed of all brands of banaspati ghee and oil prices at utility stores of Pakistan, to provide relief to inflation-weary people who are paying record high prices for food and fuel.
In a major development, the price of popular ghee brands has been reduced by Rs 60 to Rs 394 per kg. Earlier, ghee was available at Rs 455, with prices of lesser-known brands hovering at record highs.
Similarly, the prices of cooking oil have also been reduced despite the high inflation in the crisis-hit country.
Pakistan Bureau of Statistics (PBS) reported on Monday that consumer price index (CPI) inflation rose to 31.4 percent during September 2023 compared to the same month last year.
According to the PBS data, the inflation increased to 27.4 percent during the last month (August) while it was recorded at 23.2 percent during September 2022.
On a month-on-month basis, inflation rose to 2.0 percent in September 2023 from 1.7 percent in the previous month and declined to 1.2 percent in September 2022.
1kg Ghee Price In Pakistan
After the reduction in ghee prices, the 1kg ghee price in Pakistan has been fixed at Rs. 394 per kg.
The federal government has announced a reduction in branded ghee and cooking oil prices at utility stores Pakistan.
This reduction will be from 37 to 60 rupees per kg of ghee and oil respectively. It is worth mentioning here that the announcement of reduction in ghee and cooking oil prices came after the drop in the value of the US dollar for the third consecutive day in the interbank and open market.
It is said to be a sigh of relief for the inflation-stricken public who are suffering from skyrocketing prices. This adjustment is expected to provide relief to consumers who depend on cooking oil for their daily food needs.
Public got relief from inflation, Utility Stores Corporation Pakistan officials issued a notification to reduce the prices of branded ghee and oil. The price of branded ghee has been reduced by Rs. 37 to Rs. 59 per litre.
Although Finance Minister Ishaq Dar has said that people should be patient and Pakistan’s economy will recover in the near future.
Finance Minister Ishaq Dar has said that the government of Pakistan has reduced the prices of ghee and edible oil at utility stores.
In his message on social networking site Twitter, Ishaq Dar said that prices of ghee and edible oil have been reduced at utility stores. The price of Tyrone brand ghee has been reduced by Rs. 69 and the price of cooking oil has been reduced by Rs. 76 per litre.
He said that the price of subsidized ghee has reached Rs 490 per kg. The price of Tyrone Ghee is Rs 545 to Rs 577 per kg. The price of Tyrone cooking oil is Rs 540 to 590 per kg.
The Finance Minister said that the price of second grade ghee is Rs 20 per kg less than the market price. Tier 1 ghee at utility stores is Rs 8 to Rs 35 per kg cheaper than the market. Tier one cooking oil is Rs 40 to 78 cheaper than the market.
Finance Minister Ishaq Dar said that reduction in prices of ghee and edible oil at utility stores will be implemented immediately.
Utility Stores Corporation has increased the Ghee Price In Pakistan today by Rs 115 per kg today.
According to the notification issued by Utility Stores Corporation, the price of subsidized ghee has been increased by Rs 115 per KG. The price has been increased from Rs 375 to Rs 490 per kg today.
The beneficiaries of Benazir Income Sport Program will be exempted from the increase, the price of ghee per kg for them will remain Rs 300 per kg.
Under the Prime Minister’s package, the price of regular subsidized ghee has been increased for the second time in two months. Earlier, the price of ghee was increased by Rs 75 per kg on January 1, 2023.
Thus, in two months, under the Prime Minister’s package, ghee became expensive by Rs 190 per kg.
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