Mustard oil is cheaper in winter. Consumers get great relief
Cherishing mustard oil (Mustard Oil Price) in winter becomes a necessity due to the vast number of weddings and the cold weather. But, mustard oil prices are continuously falling this year, giving consumers some relief.
Mustard oil prices had reached ₹210 a liter in the last few months. But now the situation has changed. Mustard oil prices have fallen significantly. Mustard oil is now available at prices between ₹145 to ₹155.
Current mustard oil prices in different cities
If you are using mustard oil and wish to purchase it, you must watch the current prices in your city. Here are the current prices in some important cities.
Lucknow – ₹145 / Liter. Sitapur – ₹148 / Liter. Shahjahanpur – ₹145 to ₹150 / Liter. Prayagraj – ₹150 / Liter. Varanasi – ₹145 / Liter.
As per the above , mustard oil prices have reduced significantly as compared to peak prices.
Reasons for price reduction:
- Reduced demand– After the festive season, mustard oil demand has fallen.
- Increased production– There has been a bumper mustard crop resulting in oil production surplus.
- Global markets –Decline in global edible oil prices has affected mustard oil prices.
Should you buy now?
Mustard oil prices are currently at the lowest level. This is the right time to buy mustard oil in bulk quantity. Do remember that prices may vary in future or according to market condition.
Upshot :
If you are purchasing mustard oil (Mustard Oil Price) now, it is the best time as prices are now very low. But do keep in mind that prices may vary slightly in some areas and shops. So, it is good to check with your area rates before buying.