Cooking oil & Ghee Prices reduce in Pakistan for June 2024; Check latest rates here

ISLAMABAD: The prices of all brands of ghee and cooking oil have been further reduced in Pakistan amid to provide relief to the people suffering from inflation.

As per the details, ghee and cooking oil prices have come down in the last month after relief in petrol and diesel prices. Following the fresh changes, Brand A cooking oil is now priced at Rs 525 per liter after a drop of Rs 75, while Brand A ghee saw a drop of Rs 25.

Brand B ghee and cooking oil prices have dropped by Rs 70 to Rs 380 per liter.

The consumption of cooking oil and ghee in Pakistan stands out compared to other nations due to the country’s large population and diverse culinary preferences.

Factors such as population growth, dietary habits, urbanization, and rising disposable income contribute to significant oil consumption, influencing prices in the market. Importantly, the oil market relies heavily on imported palm oil, with local sources accounting for less than 20% of total consumption.

Commonly used cooking oils in Pakistan include mustard oil, soybean oil, sunflower oil, palm oil, and groundnut oil. Key players in the cooking oil industry in Pakistan include Mehran Cooking Oil, Dewan Vegetable Oil, National Foods Limited, Kisan Cooking Oil, Soya Supreme Cooking Oil, Saffola Cooking Oil, Canola Cooking Oil, and Sunflower Cooking Oil.

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Cooking oil price in Pakistan 2024