Cooking Oil, Ghee Prices Soar to Record Highs
Pakistani households are bracing for another financial hit as ghee and cooking oil prices climb to record highs, intensifying pressure on already stretched family budgets.
Producers have increased ghee prices by Rs12 per kilogram, lifting the wholesale rate to Rs535 per kg, while cooking oil now sells at Rs572 per kg.
In retail markets, the impact is even harsher, with ghee costing Rs100 more per kg and a 5-kg pack of cooking oil reaching Rs2,800–2,850. A 16-kg ghee tin has soared to Rs8,550.
The price hike spans leading brands including Mezan, Dalda, Eva, and Soya Supreme.
For instance, Mezan Olivola Cooking Oil in a 10-liter can is now priced at Rs6,400, while premium varieties have touched an astonishing Rs4,000 per kg.
Traders report that food staples across the board are becoming more expensive, rising by Rs10–15 per kg or liter.
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Dealers warn that the relentless increase in cooking oil and ghee costs will disproportionately burden middle-class households, as both items are essential in every Pakistani kitchen.
Last week it was reported that Short-term inflation rose 4.17 percent year-on-year in the week ending September 18, marking the eighth consecutive weekly increase.
The rise was mainly driven by higher prices of non-perishable goods, including rice, vegetable ghee, meat, LPG, and sugar, which traded between Rs195 and Rs200 per kilogram.
However, SPI recorded a 1.34 percent weekly decline due to falling prices of perishables such as tomatoes, chicken, and wheat flour.
On an annual basis, steep hikes were noted in ladies’ sandals, tomatoes, and sugar, while staples like pulses, wheat flour, and ghee also posted double-digit increases.