By Rajendra Jadhav, Bernadette Christina and Ashley Tang MUMBAI/JAKARTA/KUALA LUMPUR (Reuters) -Prices of coconut oil are ...

“We used to make 35 kg each of 10 varieties of halwa daily, totalling 350 kg. To prepare this, we need about 35-40 litres of coconut oil. With prices touching Rs 480 per litre, it now costs us ...

“The price of one litre of coconut oil was ₹166 in 2020, ₹185 in 2021, ₹150 in 2022, ₹138 in 2023, and ₹160 in 2024. However, it has now risen to ₹450 this year,” he says.

Prices of coconut oil are surging in Asia, where top consumer India leads the charge with a tripling in two years, as supply shortages and booming demand for the ...