The reports of realeasing of the carcinogenic coconut oil to the market is the reason behind the price increasing. Also they warned about a shortage of coconut oil in the market during the festive season.
Warehouses of the three companies were sealed by the Consumer Affairs Authority (CAA) until the coconut oil stock is reexported. This action was taken to assure the public that stock was not released to the market. Apart from that CAA collect random samples across the country to find whether the carcinogenic coconut oil has released to the market before.