New Delhi: Mother Dairy said Thursday it has cut the prices of soyabean and rice bran oils by up to Rs 15 per litre. This announcement by Mother Diary came a day after the government directed edible oil firms to pass on the benefits of fall in global cooking oil prices to consumers. Mother Dairy, which is one of the leading milk suppliers in Delhi-NCR, sells edible oils under the Dhara brand.
“Passing on the benefits of the government’s intervention subsequently to the consumers, we have further reduced the MRP of Dhara Soyabean Oil and Dhara Ricebran Oil by up to Rs 15 per litre, which will be available in the market by next week,” a company spokesperson said. It expects a reduction in MRP (Maximum Retail Price) of sunflower oil in the next 15-20 days.
Mother Dairy had reduced June 16 prices of its cooking oils by up to Rs 15 per litre with softening of rates in global markets.
Amid a fall in global prices, the government Wednesday directed edible oil manufacturers to further cut the maximum retail price (MRP) of imported cooking oils by up to Rs 10 per litre within a week. It also asked the companies to maintain a uniform MRP of the same brand of oil across India.