In an effort to face a steep increase in coconut oil prices, Supplyco increased the purchase of Kero coconut oil from one liter to two liters per consumers.
The decision comes in the middle of an increase in demand for coconut oil before the Onam season.
Supplyco currently sells one liter of Kero coconut oil, which has a maximum retail price of 529 GBP at a subsidized rate of 457 GBP. In addition, this is one liter of coconut oil provided at a subsidized rate and the Supplyco brand, Sabari Coconut Oil, available for non-manufactured rates for 349 GBP per liter.
The Minister of Food and Civic Deliveries GR Anil said in his statement that discussions with coconut oil suppliers have recently been conducted to examine measures to stabilize prices. Market intervention activities were subsequently reinforced to prevent further escalation of the prizes during the festival season.
Published – August 12, 2025 22:52
