Edible Oil Price: Decline in the price of edible oil, know the price of mustard, soybean and palm oil

The use of mustard oil increased.

The speed at which mustard is being used after the month of February this year may create a problem of mustard in the next three-four months. The government will have to be more careful about mustard, which is used the most in North India.

Due to weak demand for oil in the hot summer, Delhi oil-oilseeds market on Friday compared to Thursday. Mustard ,Mustard Oil Latest PriceAlmost all oilseeds, including groundnut, soybean oil-oilseeds, CPO and palmolein oil, closed with a fall. Cottonseed oil prices improved due to almost exhausting stock, while soybean degum prices remained stable due to the uptrend in foreign markets. Informed sources in the market said that the Malaysia Exchange was up 0.7 per cent while the Chicago Exchange was up 0.56 per cent. Sources said that only cottonseed oil prices saw a correction due to the close of the stock, while mustard, groundnut, soybean oil oilseeds, CPO, palmolein oil prices declined due to weak summer demand.

Sources said that last year, the consumption of mustard was reduced to half in April due to cost, but this time there is a huge demand for mustard as it is cheaper than imported oils and the shortage of imported oils in various states can be met by making refined mustard. Used to be. The speed at which mustard is being used after the month of February this year may create a problem of mustard in the next three-four months.

The government will have to pay attention to the stock in advance

According to sources, the government will have to be more cautious about mustard, which is used the most in North India and there is no substitute for mustard. On complaints about consumers being sold mustard oil at exorbitant prices, the sources said that mustard oil should be available at a maximum retail price (MRP) of Rs 165-168 a liter after all cost and profit. Failure to do so, the possibility of a mistake cannot be ruled out.

The prices of oil and oilseeds remained as follows on Friday

Mustard oilseeds – Rs 7,490-7,540 (42 per cent condition price) per quintal. Groundnut – 6,710 – Rs 6,845 per quintal. Groundnut Oil Mill Delivery (Gujarat) – Rs 15,650 per quintal. Groundnut Solvent Refined Oil 2,625 – Rs 2,815 per tin. Mustard oil Dadri – Rs 15,000 per quintal. Sarson Pakki Ghani – Rs 2,360-2,440 per tin. Mustard Kachhi Ghani – Rs 2,400-2,510 per tin. Sesame Oil Mill Delivery – Rs 17,000-18,500 per quintal. Soyabean Oil Mill Delivery Delhi – Rs 16,600 per quintal. Soybean Mill Delivery Indore – Rs 15,900 per quintal. Soyabean oil Degum, Kandla – Rs 15,250 per quintal. CPO Ex-Kandla – Rs 14,850 per quintal. Cottonseed Mill Delivery (Haryana) – Rs 15,250 per quintal. Palmolein RBD, Delhi – Rs 16,350 per quintal. Palmolein ex-Kandla – Rs 15,200 (without GST) per quintal. Soyabean grain – Rs 7,000-7,100 per quintal. Soyabean loose Rs.6,700-6,800 per quintal. Maize Khal (Sariska) Rs.4,000 per quintal.

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