Edible oil import cost rises on global supply hitch

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Workers at Pwani Oil refinery. FILE PHOTO | NMG

The value of edible oils imports into the country jumped by 19.2 percent in the nine months to September 2021, attributed to lower supply of palm oil in the global market which drove up prices.

Palm oil production in South East Asia was hit when the Covid-19 pandemic struck due to lockdowns that limited work in plantations in the region, which leads the world in producing the product.

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