Govt hikes base import price of all edible oils

The base import price of three edible oils was increased by $1 per tn. The base import price of refined, bleached deodorised palm oil and crude palm oil was raised by $4 per tn, and $2 per tn respectively. The base import price of crude palm oil was increased to $689 per tn, and that of soyoil to $815 per tn. Based on global prices and fluctuation in foreign exchange rates, the government revises base import prices every fortnight.