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Nepalese supplier says there will be no shortage of cooking oil in Nepal

 Last Update: 2022-04-17
 Source: Internet
 Author: User

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"Republic" reported on March 13: The Nepal Vegetable Ghee and Oil Manufacturers Association (NVGOMA) , composed of 22 edible oil manufacturers, recently issued a statement saying that the current rise in edible oil prices is due to the international market raw material prices caused by the conflict between Russia and Ukraine.
Up, but the domestic market will not experience a shortage of edible oil due to this .
According to NVGOMA, the price of raw materials on the international market has risen by 50% .

Nepalese oil manufacturers import raw materials such as crude soybean oil, crude palm oil and mustard seeds from countries such as Brazil, Argentina, Canada, Australia and Ukraine
.
According to NVGOMA, almost all crude sunflower oil and up to 80% of mustard seeds needed to supply the domestic market are imported from Ukraine
.

Currently, the price of edible oil has surged by Rs 30-40 per litre
.
A waiter at Salesberry department store said the price of the new batch of cooking oil could rise further
.

Edible oil and vegetable prices

Currently, the price of edible oil has surged by Rs 30-40 per litre
.
A waiter at Salesberry department store said the price of the new batch of cooking oil could rise further
.

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