Consumers may face higher ghee and cooking oil prices as Ramadan approaches, with market experts predicting a surge due to multiple factors.
Reasons for the Price Hike
- Global Market Fluctuations: Rising international edible oil prices impact local costs.
- Supply Chain Challenges: Import delays and transportation costs contribute to price hikes.
- Increased Demand: Higher consumption ahead of Ramadan drives up prices.
Impact on Consumers
The anticipated price increase may affect household budgets, prompting consumers to stock up early. Authorities are monitoring the situation to ensure price stability.
Stay updated for further developments on ghee and cooking oil price trends before Ramadan.
