As prices of cooking oil continued to rise in the past few months, Consumer Council started its specific price survey on cooking oil in October to monitor price trend and price discrepancies of cooking oil. In the current survey, a price difference of almost 130 per cent was observed in 'Lion & Globe Pure Olive Oil (500ml)'. According to data recorded in the Council's 'Supermarket Price Survey', prices of cooking oil continued to rise since August, certain brands even recorded accumulated price rises of over 15 per cent. The Council conducted the latest survey on 26th October, surveying 23 samples of cooking oil from 24 local retail outlets to provide consumers a comprehensive selection for price comparison. In the current survey, a general price difference of 20 to 30 per cent was observed for the same product sold in different outlets. The highest difference recorded this time was found in 'Lion & Globe Pure Olive Oil (500ml)' in which the lowest and highest selling price differed for almost 130 per cent; 'Tripod Brand Top Quality Pure Peanut Oil (2L)', however, recorded only a price gap of 1.35 per cent. The specific price survey on cooking oil is now available online on the Council's official website (www.consumer.gov.mo). For enquiries, please call 8988 9315.
