Industry executives, such as Angshu Mallick, CEO of Adani Wilmar, have expressed that an immediate reduction in cooking oil prices is unlikely. Mallick highlighted the stability of cooking oil prices, stating that corrections to Maximum Retail Prices (MRP) are made monthly in alignment with prevailing trends. He added that while they continually monitor international commodity prices, immediate price adjustments are not anticipated. Observing a 10 per cent decline in December, Sandeep Bajoria, CEO of the vegetable oil brokerage Sunvin Group, pointed out that prices have risen by 8 per cent in January.