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There will be a period of fluctuation in the price of edible oils, problem for mustard oilseeds will remain for one and a half months

He said that the availability of mustard is very less. There is a demand for mustard from small oil mills (consumption of five to seven bags per day), due to which the price of mustard oil oilseeds improved marginally.

Edible oil (indicative photo)

Amidst the decline in foreign markets, edible oils (Edible Oils) There was a mixed trend of business. Due to low availability and local demand where mustard (Mustard) and cottonseed oil prices improved marginally. On the other hand, due to the negligence business, soybean (Soybean) There was a fall in the price of oilseeds. CPO, palmolein, groundnut prices remained at the previous level amid normal business. Traders said the Malaysia Exchange was down about 0.6 per cent while the Chicago Exchange is down by half a per cent.

Sources said that palmolein is far cheaper than CPO. There is no profit in importing Crude Palm Oil (CPO). CPO and Palmolein prices remained at their previous levels amid a fall in Malaysia Exchange as there is very limited demand for CPO in winters. Sources said that there is a very small demand for Soyabean Oil-free Oil (DOC) in small quantities. There has been a decline in soybean oilseeds due to its unadulterated business. While importing soybean degum oil from abroad, due to the cheap seating, soybean oil prices are also soft. Groundnut oil oilseeds prices also remained unchanged amid normal trade.

Very less availability of mustard in mandis

He said that the availability of mustard is very less. There is a demand for mustard from small oil mills (consumption of five to seven bags per day), due to which the price of mustard oil oilseeds improved marginally. Sources said that there will be problem in mustard for one-and-a-half to two months. Sources said that still some companies have not adjusted the retail price of edible oils in line with the reduction in wholesale prices. Oils like groundnut, sunflower, are being sold to the customers at 10-15 percent more than the maximum retail price (MRP). The government should re-survey the MRP and take steps to make the retail price commensurate with the wholesale price.

According to sources, in the meeting held with the Food Secretary, the oil companies said that they will ensure the campaign to make the retail price commensurate with the wholesale price from January 1, to pass on the benefit of duty reduction to the common people, but it is seen that some The companies have not yet implemented this commitment. The government will have to keep a constant watch on it. He said that the maximum price of mustard oil should be Rs 180-185 per liter, but some companies have still kept its MRP at Rs 200-220 per liter.

Wholesale prices in the market remained as follows

Mustard oilseeds – 8,225 – 8,255 (42 percent condition price) Rs.

Groundnut – Rs 5,840 – 5,930.

Groundnut Oil Mill Delivery (Gujarat) – Rs 13,000.

Groundnut Solvent Refined Oil 1,910 – Rs 2,035 per tin.

Mustard oil Dadri – Rs 16,810 per quintal.

Sarson Pakki Ghani – Rs 2,515 -2,640 per tin.

Mustard Kachchi Ghani – Rs 2,695 – Rs 2,810 per tin.

Sesame Oil Mill Delivery – Rs 16,700 – 18,200.

Soyabean Oil Mill Delivery Delhi- Rs 12,800.

Soybean Mill Delivery Indore – Rs 12,580.

Soyabean Oil Degum, Kandla – 11,320

CPO Ex-Kandla – Rs 11,180.

Cottonseed Mill Delivery (Haryana) – Rs 12,000.

Palmolein RBD, Delhi – Rs 12,500.

Palmolein Ex- Kandla – 11,400 (without GST).

Soyabean grain 6,525 – 6,550, Soyabean loose 6,340 – 6,390 Rs.

Makkah Khal (Sariska) Rs 3,950.

Also read- In the cultivation of calla lily, earning is twice the cost, this flower is becoming popular among farmers due to increasing demand.

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