Increasing crude oil prices have pushed up prices of edible oils 7% in the past fortnight as countries across the globe have stepped up use of bio-diesel in order to bring down fuel prices. To add to the woes of consumers, prices of spices, particularly turmeric and chillies, which add flavour to the Indian platter, have increased 6-7% in the past ten days in anticipation of lower production and higher export demand.

https://economictimes.indiatimes.com/news/economy/agriculture/crude-oil-price-surge-pushes-up-prices-of-edible-oils-and-spices-in-a-fortnight/articleshow/81430493.cms