In Indonesia, the retail price of cooking oil averages 26,436 rupiah ($1.84) per litre, up more than 40 percent so far this year. In some provinces across the country, the prices have nearly doubled in the past month alone, according to a price monitoring page. Demonstrations by students...
Before the conflict, the commodity retailed at $1490 (Sh168,578) per tonne, having more than doubled from $700 per tonne before the onset of the pandemic in March 2020. Now it costs twice as much to buy a litre of cooking oil compared to petrol, and a fresh round of increases...
The average quantity of palm oil sold per week per respondent was 156 litres and the prices vary from one marketer to the other; from N250 to N270 per litre. The regression analysis showed significance at 5% with p value < 0.05 with the socio economic factors such as age, marital status...
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