Edible oil prices may stay firm until November, adding to inflation risks
· livemint.com
Higher global prices and import costs are keeping India’s edible oil market under pressure, while the benefits of higher oilseed sowing are unlikely to be felt until the new crop arrives.
New Delhi: Rising edible oil prices are emerging as a fresh risk to India’s inflation outlook, with prices up 12-15% over the past year on higher global price...