Major edible oil brands cut MRP by 10-15% to give relief to consumers: SEA

Major edible oil companies, including Adani Wilmar and Ruchi Soya, have reduced the maximum retail price (MRP) of their products by 10-15 per cent to provide relief to consumers, industry body SEA said on Monday. The prices have been reduced by Adani Wilmar (on Fortune brands), Ruchi Soya (Mahakosh, Sunrich, Ruchi Gold and Nutrella brands), Emami (Healthy & Tasty brands), Bunge (Dalda, Gagan, Chambal brands) and Gemini (Freedom sunflower oil brands), it said. COFCO (Nutrilive brands), Frigorifico Allana (Sunny brands), Gokul Agro (Vitalife, Mahek and Zaika brands) and others have also reduced prices, it added. "We are happy to share that our leading members have responded proactively and reducedP on edible oils marketed by them, across the board by 10-15 per cent to provide relief to consumers during the festival season," Solvent Extractors Association of India (SEA) said in a statement. With a view to providing succour to consumers, Union Food Secretary Sudhanshu Pandey had ...

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