Edible oil prices surge in Nepal amid West Asia conflict
Edible oil prices in Nepal have surged by up to Rs 500 per crate over the past month due to higher global raw-material costs. Traders link the rise to supply disruptions from the Iran–Israel conflict and increased exports to India, while prices of other staples like rice and lentils remain stable.
Prices of edible oil in Nepal have jumped sharply over the past month, increasing by as much as Rs 500 per crate, largely due to rising international raw-material costs. According to the Nepal Retailers Association, wholesale prices of sunflower oil exceeded Rs 2,700 per crate on Monday. In retail markets, sunflower oil is selling for around Rs 300 per liter, while Dhara mustard oil has reached Rs 3,450 per crate. Traders attribute the surge mainly to the ongoing Iran–Israel conflict, which has disrupted global supply chains and pushed up commodity prices. Increased exports to India have also contributed to higher domestic prices. Meanwhile, staple foods such as rice and lentils have largely maintained stable prices.
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Source : Himalaya Diary
