Edible oil latest price: The effect of the rise in the Chicago Exchange was visible in the domestic market and on Monday, along with soybean oil-oilseeds, cottonseed, crude palm oil (CPO) and palmolein oil prices improved.
The demand for mustard will increase further during the rainy season in 10-15 days.
Edible oil latest price: Soybean oil-oilseeds as well as cottonseed, crude palm oil (CPO) and palmolein oil prices fell in the Delhi oil-oilseeds market on Monday due to two per cent improvement in Chicago Exchange and demand for soybean oil-free oil (DOC). Improvement came. The prices of groundnut oil and oilseeds closed with losses due to increased arrivals in the mandis of the summer crop of groundnut.
Traders said that the price has improved by two percent on the Chicago Exchange, due to which the price of almost all edible oil has seen a correction. On the other hand, CPO and palmolein oil prices also improved due to decline in demand for palmolein and smooth trading despite a fall of half a percent on the Malaysia Exchange. He said that the price of mustard seed has been increased from Rs 7,450 a quintal to Rs 7,500 a quintal in Agra, Saloni and Kota of Rajasthan in the country. The demand for mustard will increase further during the rainy season in 10-15 days.
NAFED lacks goods
In July last year, cooperatives Hafed and Nafed were selling two to two and a half lakh bags of mustard daily, but this time they have negligible goods. Blending was allowed in mustard last year but this time the food regulator, FSSAI has banned blending of any oil in mustard from June 8 and action is being taken against them wherever complaints of blending mustard oil are being received. is.
Expecting bumper yields ahead
He said that the government should make arrangements for better mustard seeds for the next sowing. If the farmers have got the price of mustard and proper arrangement of mustard seeds for the next crop, then the next yield is likely to double. Sources said a substantial correction in soybean oil-oilseeds prices was witnessed due to high demand for DOC at the local level and rise in the Chicago Exchange.
pomolene oil prices rise
He said that despite the decline of half a percent on the Malaysia Exchange, due to demand for palmolein and smooth trading, CPO and palmolein oil prices also improved. Groundnut oil-oilseeds prices closed with a fall due to increased arrivals in the mandis for the summer crop of groundnut, while cottonseed oil prices improved due to local demand.
This is the wholesale price (price – Rs per quintal)
> Mustard oilseeds – 7,275 – 7,325 (42 per cent condition price) Rs.
>> Groundnut grain – 5,445 – 5,590 rupees.
>> Groundnut Oil Mill Delivery (Gujarat) – Rs 13,350.
>> Groundnut Solvent Refined Oil 2,055 – Rs 2,185 per tin.
>> Mustard oil Dadri – Rs 14,250 per quintal.
>> Mustard Pakki Ghani – Rs 2,300 -2,350 per tin.
>> Mustard Kachchi Ghani – Rs 2,400 – 2,500 per tin
>> Sesame Oil Mill Delivery – 15,000 – 17,500 rupees.
>> Soyabean Oil Mill Delivery Delhi- Rs 13,450.
>> Soybean Mill Delivery Indore – Rs 13,320.
>> Soyabean Oil Degum, Kandla – Rs 12,220.
>> CPO Ex-Kandla – Rs 10,480.
>> Cottonseed Mill Delivery (Haryana) – Rs 13,000.
>> Palmolein RBD, Delhi – Rs 12,200.
>> Palmolein Ex- Kandla- 11,100 (without GST)
>> Soyabean grain 7,470 – 7,520, Soyabean loose Rs 7,370 – 7,420
>> Maize Khal 3,800 rupees
Also read, Today this stock was listed in the stock market, the strength of 42 percent was visible on the very first day
Also read, bumper gift to those earning up to 15000, know who will get benefit from the government treasury
(language input)
.
