Durability in edible oils; Mixed trend in other commodities
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New Delhi: Edible oils remained steady in the Delhi wholesale commodity market today due to weak offtake at the overseas market, while the prices of other commodities were mixed, while the prices of sweets fell. Oil-Oilseeds: Globally, May palm oil futures slipped by 12 ringgit to 4004 ringgit per tonne on Malaysia’s Bursa Malaysia Derivatives Exchange. Similarly, US soy oil futures for May fell by 0.37 cents to 51.42 cents per pound.
During this, edible oils remained stable in the domestic market. There was no change in mustard oil, groundnut oil, sunflower oil, soya refined, palm oil and vegetable oil and remained at the previous day’s level. Jaggery-sugar: A decline was registered in the sweet market. During this, sugar became cheaper by Rs 50 and jaggery by Rs 50 per quintal. Pulses and Pulses: There was a mixed trend in the market of pulses and pulses. During this period, masoor dal declined by Rs. 50 and moong dal by Rs. 100 per quintal, while urad dal gained by Rs. 100 per quintal. Whereas, there was no change in Chana, Dal Chana and Arhar Dal. Cereals: There was a mixed trend in the grain market. During this, wheat fell by Rs 50 per quintal, while the price of rice remained at the previous day’s level.
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