Similarly, cottonseed oil was also selling at Rs 47, while it was more than Rs 53 last month. The market, meanwhile, was flooded with palmolein oil, which was also available at the 871 fair price shops in the district at Rs 35 per kg.

District Supply Officer Ashok Singh and one of the senior members of the Vadodara Oil Merchants' Association Ajit Parikh attributed the fall in prices to arrival of new crops in Saurashtra, the citadel of the edible oil business in the State of Gujarat. Stating that other states producing groundnut oil also recorded a good harvest, they said the new stock helped balance the demand and supply ratio. They claimed that the prices were likely to reduce further in the coming days.rices were likely to reduce further in the coming days.