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Cooking oil prices are expected to fall, which is good news for common Mwananchi.

cooking oil tins :photo -courtesy | Topnews

For ordinary Kenyans, life has been extremely difficult this year.

This is due to the high cost of basic household goods.

The “Wanjiku’ has incurred the effect of the hiking of prices of foodstuffs.

Cooking oil costs have increased in just six months, which has been a pain in the neck for all Kenyans.

A comparison of commodity price changes reveals that this has occurred not only in Kenya, but in most nations that rely on imported food.

The globe relies on Indonesia, which is a significant producer of palm oil, the primary raw material used in the manufacture of all cooking oil brands.

Indonesia recently restricted the export of palm oil, resulting in an increase in the cost of cooking alone.

The ban on the importation of Indonesian palm oil was lifted this week by Indonesian authorities.

Cooking oil prices expected to fall in near future: photo Kbc Channel 1 TV – Topnews

This indicates that prices will be reduced in the near future.

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