Oil and oilseed prices improved, groundnut unchanged
[ad_1]
Amid increasing festive demand, there was an improvement in the wholesale prices of most of the oilseeds in the country’s oil and oilseeds markets on Saturday. Except groundnut oil and oilseeds, the prices of other oilseeds closed with strength. Market sources said that even after the festivals, the demand will gradually increase further. India is a major importer of edible oils in the world and due to reduced imports in the month of September, the prices of edible oils abroad have also fallen slightly. Sources said that the situation of mustard and groundnut is now a little different from other oils. But now even if the production of cottonseed or soybean increases a little among the remaining oilseeds in the country, it will not have any impact on the market and the market will run according to the imported oils.
That is, in the situation of the year 90-92, there was a rise and fall in oil prices in the market according to the crop production, which has now completely reversed. Now the market will run according to imported oils. Sources said the Chicago Exchange was strong last night which helped in improving oil prices. The prices of oil and oilseeds on Saturday were as follows: Mustard oilseeds – Rs 5,525-5,575 (42 percent condition price) per quintal. Groundnut – Rs 7,275-7,325 per quintal. Groundnut Oil Mill Delivery (Gujarat) – Rs 17,500 per quintal. Groundnut refined oil Rs 2,570-2,855 per tin. Mustard oil Dadri – Rs 10,200 per quintal. Mustard Pakki Ghani – Rs 1,735 -1,830 per tin.
Mustard Kachchi Ghani – Rs 1,735 -1,845 per tin. Sesame Oil Mill Delivery – Rs 18,900-21,000 per quintal. Soybean Oil Mill Delivery Delhi – Rs 9,500 per quintal. Soybean Mill Delivery Indore – Rs 9,400 per quintal. Soybean oil Degum, Kandla – Rs 7,900 per quintal. CPO ex-Kandla – Rs 7,700 per quintal. Cottonseed Mill Delivery (Haryana) – Rs 8,425 per quintal. Palmolein RBD, Delhi – Rs 8,950 per quintal. Palmolein Ex- Kandla – Rs 8,050 (without GST) per quintal. Soybean grain – Rs 4,700-4,800 per quintal. Soybean loose – Rs 4,300-4,500 per quintal. Maize cake (Sariska) – Rs 4,015 per quintal.
Disclaimer: IndiaTheNews has not edited this news. This news has been published from PTI-language feed.
[ad_2]
Source link
