New Delhi, April 29 -- New Delhi: Edible oil prices in India, which rose in response to the government's decision to raise import taxes on cooking oils in September last year, are likely to remain stable this year, buoyed by robust domestic oilseeds harvest and steady global supplies, AWL Agri Business Ltd (formerly Adani Wilmar Ltd) said.
The company has also been reducing packaged wheat flour prices in response to fresh crop arrivals and easing inflation, potentially boosting consumption.
"In FY26, the edible oil supply chain will remain stable globally as well as in India. India has done well in mustard seed, so mustard crop is very good. The upcoming monsoon season is going to be good. So, India will produce its average oilseeds. We...
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