New Delhi: Rising prices of cooking oils has forced the consumers to either reduce their consumption or opt for less costly oil.
High prices have started burning holes in the consumers' pockets, forcing them to sparingly use the edible oil in making 'pakodas' and 'samosas', with housewives switching over to less costly culinary oil like mustard. Run-up to Budget 2008-09
"We were earlier consuming 5-6 litres of refined soyabean oil in a month. But, due to a sudden rise in its rate, we have cut down its use and are now increasingly trying refined mustard oil for frying purpose," a Delhi-based consumer Amrender Singh told reporters.
"I have started buying only mustard oil, which was earlier used for preparing non-vegetarian dishes. The rise in the soyabean oil prices have made it out of our reach," a housewife Megha Jha said.
The demand for refined mustard oil is picking up in the market as it is comparatively cheaper than refined soyabean oil. Mustard oil prices are ruling at around Rs 57 a litre in the wholesale market here, lower by about Rs 5 per litre against refined soyabean oil.
As the price of soyabean oil has jumped by around 22 per cent to Rs 67-70 per litre in the past three months, consumers are left with no choice but to reduce the intake, they said. Mustard oil prices too have increased by 11.28 per cent in the wholesale market in the last three months, but mustard oil is still available at affordable levels to consumers, they added.
High prices have started burning holes in the consumers' pockets, forcing them to sparingly use the edible oil in making 'pakodas' and 'samosas', with housewives switching over to less costly culinary oil like mustard. Run-up to Budget 2008-09
"We were earlier consuming 5-6 litres of refined soyabean oil in a month. But, due to a sudden rise in its rate, we have cut down its use and are now increasingly trying refined mustard oil for frying purpose," a Delhi-based consumer Amrender Singh told reporters.
"I have started buying only mustard oil, which was earlier used for preparing non-vegetarian dishes. The rise in the soyabean oil prices have made it out of our reach," a housewife Megha Jha said.
The demand for refined mustard oil is picking up in the market as it is comparatively cheaper than refined soyabean oil. Mustard oil prices are ruling at around Rs 57 a litre in the wholesale market here, lower by about Rs 5 per litre against refined soyabean oil.
As the price of soyabean oil has jumped by around 22 per cent to Rs 67-70 per litre in the past three months, consumers are left with no choice but to reduce the intake, they said. Mustard oil prices too have increased by 11.28 per cent in the wholesale market in the last three months, but mustard oil is still available at affordable levels to consumers, they added.
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