Adani Wilmar further slashes edible oil prices

0
1

The country’s largest edible oil producer effects reduction in Maximum Retail Price (MRP)

of its range of edible oils.

Ahmedabad, 18 th July 2022: In continuation to the global price reduction and the
government’s effort to pass on the benefits of reduced edible oil prices to consumers, Adani
Wilmar, the largest edible oil producer in the country, has further slashed edible oil prices
from the last month’s reduction effected by the company.
Adani Wilmar has reduced the MRP of the following edible oils:
Edible Oils Earlier Price Revised MRP
Fortune Soyabean Oil Rs. 195 Rs. 165
Fortune Sunflower Oil Rs. 210 Rs. 199
Fortune Mustard Oil Rs. 195 Rs.190
Fortune Rice Bran Oil Rs. 225 Rs. 210
Fortune Groundnut Oil Rs.220 Rs. 210
Raag Vanaspati Rs. 200 Rs. 185
Raag Palmolein Oil Rs. 170 Rs. 144

The stocks with new prices will reach market soon.
“We have passed on the benefits of global price reduction to our consumers and the stocks
with new prices will reach market soon. Our products are made with highest safety and
quality standards and will be available at reduced costs to our consumers. This step will
certainly boost demand for the upcoming festive season.,” said Angshu Mallick, MD & CEO,
Adani Wilmar.
The steep reduction in oil prices comes in the wake of the prices in the world market have
fallen sharply. Recently, the food ministry called a meeting of edible oil industry bodies and
manufacturers to deliberate on price reduction.
Adani Wilmar is one of the fastest-growing FMCG companies in the country. Besides a range
of edible oils, its offerings include rice, atta, sugar, besan, ready-to-cook khichdi, soya
chunks, and others.

See also  Union Bank of India inks its first Sustainability Linked Loan in Overseas Market