ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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NOCIL-Squeeze on Profits

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Edible oil prices have registered modest declines from their early August highs. This, however, has brought hardly any relief to consumers as there has been little change in prices at the retail level. That apart, the ruling prices are substantially higher than the prices which prevailed a year ago. The rise in prices ranges from 17 per cent to 36 per cent, depending on the oil (see accompanying table).

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