Branded edible oil companies’ outlook turns warm
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Firming up of edible oil prices could see branded players emerge on top after a long interval. In FY24, we saw a situation play out where edible oil prices fell sharply, giving up their gains in earlier years. This was particularly noticeable in the mass market segment, in oils such as palm oil and soya oil. While this brought relief to consumers (and even companies using these inputs), for companies selling brands (refined oil in consumer packs
Source Link: https://www.moneycontrol.com/news/opinion/branded-edible-oil-companies-outlook-turns-warm-12612921.html
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