INDIAN OIL CORP

The Consumer Affairs Ministry's data has showed a heavy spike in edible oil prices with palm, soybean and sunflower oil cruising by 20-30% in the last one year. While the per litre price of vanaspati oil rose to Rs 102.5 from Rs 75.25, the soybean oil was sold at Rs 110 from Rs 90 of the last year. Sources cite the slump in Malaysian palm-oil production as the reason.