Palm oil price rises by K1,000 per viss in four months

The price of palm oil has risen by K1,000 per viss in the domestic market starting from the first week of February, according to the official statistics of the Central Statistical Organization (CSO).
On 4 February, the price of palm oil was around K2,600 per viss. But after four months, the palm oil price reached K3,500 per visses on 14 June.
The prevailing price of groundnut oil for the Ahmay Htwar brand was K7,700 per viss on 4 February. But the price rose to K8,250 per viss on 14 June. The cost of sesame oil has also increased to K9,150 per viss from K9,000 per viss on 14 June.
Although prices of other kitchen crops such as onions and potatoes have fallen in 4 months, the palm oil price is on the rise. The meat price such as fish and mrigal has been rising slightly since June. But the chicken price is on the rise and has been increased to K2,000 per viss. — ACM/GNLM