Mother Dairy: Mother Dairy yesterday announced a reduction in the prices of soybean and rice bran oil (rice bran oil) by up to Rs 14 per litre. Mother Dairy’s cut comes a day after a government directive to oil companies to pass on the benefits of the fall in global prices of edible oils to consumers. Mother Dairy, one of the major suppliers of milk in Delhi-NCR, also sells edible oil under the Dhara brand.
What did the company spokesperson say?
A company spokesperson said, “Given the benefit of the fall in oil prices to the consumers after the intervention of the government, we have reduced the MRP of Dhara Soyabean Oil and Dhara Rice Bran (Rice Bran) Oil by Rs 14 per litre. Priced products will be available in the market by next week.”
Know new oil prices
After the price cut, Dhara Refined Soyabean Oil (Poly Pack) will be available at Rs 180 per liter as against the current price of Rs 194 per litre. In the case of Dhara Refined Rice Bran (Poly Pack) oil, the price will be reduced from Rs 194 per liter to Rs 185 per litre. The company expects a reduction in the MRP (Maximum Retail Price) of sunflower oil in the next 15-20 days.
Mother Dairy had reduced the price on June 16 too
Mother Dairy had on June 16 reduced the prices of its edible oils by up to Rs 15 per liter with prices softening in the global markets.