Cooking oil is an essential part of everyday life in Pakistan. With the rising cost of living, it is becoming increasingly difficult for many families to manage the skyrocketing prices of cooking oil. In 2018, the prices of cooking oil have risen by as much as 10-20% in some areas. This has caused a lot of economic hardship for many Pakistanis who rely on cooking oil as a staple in their diets. In this article, we will be looking at the prices of cooking oil in Pakistan in 2018.
Reasons for the rise in cooking oil prices in Pakistan
There are several factors that have contributed to the surge in cooking oil prices in Pakistan. The most notable of these is the devaluation of the Pakistani rupee against the US dollar. This has caused the prices of imported products, such as cooking oil, to become more expensive. Additionally, the government has imposed an additional 5% tax on cooking oil, which has further increased its cost. Other factors, such as inflation and the rising cost of living, have also played a role.
Types of cooking oil available in Pakistan
There are several types of cooking oil available in Pakistan. The most common are sunflower oil, canola oil, olive oil, and palm oil. Each of these has its own unique features, benefits, and prices, so it is important to consider all of them before making a purchase. Sunflower oil is the most widely used cooking oil in Pakistan, as it is the most affordable. Canola oil, on the other hand, is a healthier alternative, as it is low in fat and cholesterol. Olive oil is also a popular choice, as it is widely believed to be beneficial for heart health. Finally, palm oil is an excellent choice for those who are looking for a more affordable cooking oil.
Prices of cooking oil in Pakistan in 2018
The prices of cooking oil in Pakistan in 2018 vary depending on the type and brand of oil purchased. Generally speaking, sunflower oil is the most affordable option, with prices ranging from PKR 120 – PKR 160 per liter. Canola oil is slightly more expensive, with prices ranging from PKR 160 – PKR 200 per liter. Olive oil is the most expensive option, with prices ranging from PKR 250 – PKR 280 per liter. Palm oil is the least expensive option, with prices ranging from PKR 80 – PKR 140 per liter.
Tips to save money when purchasing cooking oil in Pakistan
There are several tips that can be used to save money when purchasing cooking oil in Pakistan. The first is to shop around and compare prices from different brands and retailers. Additionally, it is important to look for discounts and sales, as these can often help to reduce the overall cost. Finally, it is also a good idea to purchase in bulk, as this can help to reduce the cost per unit.
Conclusion
Cooking oil is an essential part of everyday life in Pakistan. In 2018, the prices of cooking oil have risen significantly, causing economic hardship for many Pakistanis. There are several types of cooking oil available, with prices varying depending on the type and brand of oil purchased. It is important to shop around and compare prices in order to save money when purchasing cooking oil. Additionally, it is also a good idea to look for discounts and sales, and to purchase in bulk in order to reduce the cost per unit.
