Centre imposes stock limits on edible oils to soften prices in local market

The Centre on Sunday imposed stock limits on traders of edible oils and oilseeds, barring importers and exporters, till March 31, in a bid to check rising domestic prices and give relief to consumers. Already, futures trading in mustard oil on NCDEX platform has been suspended from October 8, it said. Edible oil prices in the domestic retail markets have shot up sharply by up to 46.15 per cent in the last one year due to global factors and local tight supply situation, as per government data.