Diesel hike may flare up food & beverage raw material prices by 20-30%
date:Sep 25, 2012
l produce will fluctuate according to the demand-supply factors. After the diesel price hike, the prices of all essential commodities started increasing by Rs 5-10 per kg and will see a further increase of 20 to 30 per cent in the next few days.

He added, Big retailers like Reliance, More, Big Bazaar and HyperCity can bear the burden of diesel hike because they have the money, but small traders find it difficult to survive.

Kirti Rana, director, spices market, APMC, said, Due to the diesel hik
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