Ramzan 2025 Update: Prices Of Ghee & Cooking Oil To Rise Next Month
Are the prices of Ghee and Cooking Oils really increasing in Ramzan, know the latest information here, heard from the Government of Pakistan.
There might be a potential increase in the Oil and Ghee prices which will be seen in the month of Ramzan. Ahead of Ramadan, Atif Ikram, president of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), voiced concerns about the possible rise in ghee and cooking oil costs.
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Ramzan 2025 Update
Ramzan is starting from the first of March and many updates can be seen related to the prices of essentials in Ramzan. Importers are being compelled to pay millions of dollars in demurrage charges as a result of the delayed approval of edible oil imports, according to Atif Ikram. Ghee and cooking oil prices are rising significantly as a result of this delay, and customers will eventually pay the higher prices.
رمضان یکم مارچ سے شروع ہو رہا ہے اور رمضان میں اشیائے ضروریہ کی قیمتوں سے متعلق بہت سی اپ ڈیٹس دیکھی جا سکتی ہیں۔ عاطف اکرام کے مطابق، خوردنی تیل کی درآمدات کی تاخیر سے منظوری کے نتیجے میں درآمد کنندگان کو لاکھوں ڈالر ڈیمریج چارجز ادا کرنے پر مجبور کیا جا رہا ہے۔ اس تاخیر کے نتیجے میں گھی اور کوکنگ آئل کی قیمتوں میں نمایاں اضافہ ہو رہا ہے اور آخر کار صارفین کو زیادہ قیمتیں ادا کرنی پڑیں گی۔ ایف پی سی سی آئی کے صدر کے مطابق خوردنی تیل کی کلیئرنس کا عمل ناقابل یقین حد تک سست ہے جس کے نتیجے میں کسٹم اور دیگر مسائل کی وجہ سے 10 دن تک تاخیر ہوتی ہے۔ انہوں نے نشاندہی کی کہ اگر رمضان سے قبل صورتحال بہتر نہ ہوئی تو خوردنی تیل کی قیمتوں میں ہوشربا اضافہ ہو جائے گا۔
Reason For The Prices To Increase In 10 Days
According to the president of the FPCCI, the edible oil clearance process is incredibly slow, resulting in delays of up to 10 days due to customs and other problems. He pointed out that if the situation does not improve before Ramadan, edible oil prices will increase drastically.
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What Can Be Done Keeping Prices Down?
According to Atif Ikram, the demurrage charges are paid in dollars, which raises the price of cooking oil and ghee. He asserted that the government must act now to resolve this matter.
Last Year Data Of Oil & Ghee Prices In Pakistan
In early 2023, the prices of ghee and cooking oil in Pakistan saw a significant increase of up to Rs 30 per kg. The cost of cooking oil rise from Rs 530 to Rs 560, while the price of ghee reached Rs 550 per kg.
Market dealers also reported a sharp rise in the price of Karachi-branded ghee, which surged by Rs 120 in just one month, reaching Rs 500 per kg. This price hike added to the financial burden on consumers, making essential kitchen items more expensive across the country.
Conclusion
In conclusion, the rising prices of ghee and cooking oil ahead of Ramzan remain a major concern. Delays in import approvals and increasing demurrage charges are driving up costs, putting additional financial strain on consumers. Urgent government intervention is needed to stabilize prices and prevent further inflation during the holy month.