The Central Government, on Wednesday, reduced the minimum export price (MEP) on edible oil in branded consumer packs of up to 5 kg to $1,100 a tonne, a move which will help in boosting shipment of the commodity. “MEP on export of edible oils in branded consumer packs of up to 5 kg has been reduced to $1,100 a tonne. Earlier, it was $1,400 a tonne,” Directorate General of Foreign Trade (DGFT) said in a notification.— PTI