Consumers in India are paying more for cooking oils like mustard, soyabean, and palm oil as demand rises due to Diwali. India increased import duties on these oils to support soybean prices. However, soybean prices remain below the minimum support price levels, affecting farmers and the edible oil industry.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.