12-04-2022, 01:53 PM
All contracts are already done deal so have to continue to buy oil until contracts fulfilled/expires which is in a few weeks time. You can say in a way there is some kind of profiteering in our local food prices because some of the raw materials are already done deal/paid storing in the warehouse but we see in the past few weeks supermarts, shops just mark up prices on the current senario. Yet someone is sleeping/close eyes to let such bad market practices.