Steep Rise in Edible Oil Prices in Odisha

01-Apr-2026 03:36 PM

Bhubaneswar: Prices of edible oils—including palm oil, sunflower oil, and mustard oil—have witnessed a massive hike of up to ₹10–15 per liter in Odisha.

This surge in prices is primarily attributed to the rising cost of imports, driven by a variety of factors. Over the past few days alone, the price of mustard oil in Odisha has risen by ₹5 per liter, palm oil by ₹10 per liter, and sunflower oil by ₹15 per liter.

Several factors have contributed to the elevated domestic market prices of edible oils: the potential implementation of the B50 program in Indonesia; the anticipated increase in the use of soybean oil for biodiesel production in the United States;

disruptions to imports caused by the crisis in West Asia; difficulties in sourcing sunflower oil from the Black Sea region; and the rising cost of imports resulting from the significant depreciation of the Indian Rupee.

The impact of these developments is being felt in Odisha, just as it is in other states. A trade association has warned that if this situation persists, edible oil prices could rise even further. The escalating cost of edible oils is causing significant hardship for common consumers.