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KARACHI: Karachi Retailers Grocers Group Chairman Fareed Qureshi on Friday said the prices of edible oil and ghee had been increased by Rs20 to 25.
Fareed Qureshi said even after Prime Minister Imran Khan’s announcement to slash prices of petroleum products, the cooking oil and ghee companies did not budge and instead of reducing the prices, they boosted them.
“There is nobody to regulate them. Whenever they want they increase the prices. The commissioner Karachi and deputy commissioner should give orders to control the prices,” he demanded.
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He said Dalda cooking oil and ghee prices had gone up to Rs470 a liter and Rs460 a kilogramme respectively. “Soya Supreme ghee/ oil price rose to Rs450 per kilogramme. Meezan ghee and oil prices rose to Rs440 a kilo and Rs450 a litre respectively. Unbranded open oil is being sold for Rs420 a litre,” he said.
The Karachi Retailers Grocers Group chairman said there was no mechanism for the companies to stop them from increasing the prices according to their desires.