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Sugar and Onion Prices Decline, Know New Oil Rates

According to the Department of Consumer Affairs, a decline has been recorded in the average daily retail prices of sugar and onion. Mustard and soybean oil prices have also decreased.

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HIGHLIGHTS

  • The average daily retail price of sugar decreased to ₹59.01 per kilogram.
  • The average retail price of onion also fell to ₹52.72 per kilogram.
  • A slight decline was also recorded in the prices of mustard oil and soybean oil.
  • A marginal increase was seen in the price of sunflower oil, which rose to ₹193.29 per kilogram.
Sugar and Onion Prices Decline, Know New Oil Rates

Decline in Sugar and Onion Prices

There is relief news for the common person. The prices of two essential daily-use items, sugar and onion, have registered a decline. According to data released by the Department of Consumer Affairs, the average daily retail prices of both these commodities have decreased.

The department's Price Monitoring Cell releases a daily list of the average retail prices of essential commodities. This average price is the rate at which most transactions occur in the country.

Reduction in Retail Prices of Sugar

According to the released price list, the average retail price of sugar fell to ₹59.01 per kilogram on Sunday. This price was at ₹59.92 per kilogram on Saturday, providing slight relief to consumers.

Retail Sugar Prices in Major Cities

However, according to data from ChiniMandi, there was no significant difference in the retail prices of sugar in major cities on Saturday. The prices in various cities were as follows:

  • Delhi: ₹55 per kg
  • Kanpur: ₹53 per kg
  • Raipur: ₹55 per kg
  • Mumbai: ₹54 per kg
  • Ranchi: ₹55 per kg
  • Kolkata: ₹55 per kg
  • Guwahati: ₹56 per kg
  • Hyderabad: ₹54 per kg
  • Chennai: ₹58 per kg

Onion Prices Also Decrease

Along with sugar, onion prices also saw a decline on Sunday. The average retail price of onion dropped to ₹52.72 per kilogram on Sunday.

On Saturday, this price was ₹53.65 per kilogram. However, compared to a month ago, the prices are still high. A month ago, the price was ₹36.26 per kg, and a year ago, it was ₹27.62 per kilogram.

What's the Status of Edible Oils?

Fluctuations were also seen in the prices of edible oils. The prices of mustard and soybean oil have decreased, while sunflower oil has become slightly more expensive.

Mustard and Soybean Oil Cheaper

The average retail price of mustard oil has also declined. It fell to ₹199.97 per kilogram on Sunday, whereas it was ₹201.34 per kilogram on Saturday.

Similarly, the price of soybean oil also saw a slight decline, standing at ₹165.75 per kilogram on Sunday. It was ₹165.92 per kilogram on Saturday.

Slight Increase in Sunflower Oil

On the other hand, a marginal increase was recorded in the price of sunflower oil. Its price rose to ₹193.29 per kilogram, up from ₹193.04 per kilogram on Saturday.