Weakness has been seen in the prices of domestic edible oils on Saturday.
Due to the decline recorded in foreign markets, the prices of domestic edible oils have seen weakness in the Delhi oil-oilseed market on Saturday. Whereas, there has been a softening in the price of oilseeds.
Domestic edible oils in Delhi oil-oilseed market on Saturday due to the decline recorded in foreign markets. ,Edible Oil, Weakness in prices has been observed. Whereas, there has been a softening in the price of oilseeds. Sources associated with the oil-oilseeds business said that the domestic level due to a fall of about five percent recorded on the Chicago Exchange on Friday. (Domestic Market) But also the trend of stability or decline has been seen in the prices of edible oils. He told that due to the cheapness of domestic oils as compared to foreign oils, mustard (Mustard)Domestic market demand for cottonseed and groundnut oil (Demand) made of. However, the arrival of mustard seeds has come down from six and a half lakh sacks on Saturday to 5.15 lakh sacks on Saturday.
According to sources, there has been a fall in soybean grain prices amid reports of the government opening up imports of soybean DOC. It has come down by Rs 300 per quintal to Rs 7,100-7,200 per quintal.
Appeal to maintain sufficient stock of mustard oil
Business sources urged the government to maintain sufficient stock in view of the increasing use of mustard oil in refined production, saying that the country will have to increase the production of oilseeds to achieve self-sufficiency in oilseeds production.
The prices of oil and oilseeds on Friday are as follows:
Mustard oilseeds – Rs 7,815-7,865 (42 percent condition rate) per quintal.
Groundnut – Rs 7,160 – 7,295 per quintal.
Groundnut Oil Mill Delivery (Gujarat) – Rs 16,550 per quintal.
Groundnut Solvent Refined Oil – Rs 2,735 – Rs 2,925 per tin.
Mustard oil Dadri – Rs 15,800 per quintal.
Sarson Pakki Ghani – Rs 2,480-2,560 per tin.
Mustard Kachchi Ghani – Rs 2,520-2,630 per tin.
Sesame Oil Mill Delivery – Rs 17,000-18,500 per quintal.
Soyabean Oil Mill Delivery Delhi- Rs 17,770 per quintal.
Soybean Mill Delivery Indore – Rs 17,200 per quintal.
Soyabean oil Degum, Kandla – Rs 16,200 per quintal.
CPO Ex-Kandla – Rs 15,800 per quintal.
Cottonseed Mill Delivery (Haryana) – Rs 16,400 per quintal.
Palmolein RBD, Delhi – Rs 17,400 per quintal.
Palmolein ex-Kandla- Rs 16,100 (without GST) per quintal.
Soyabean grain – Rs 7,100-7,200 per quintal.
Soyabean loose Rs.6,800-6,900 per quintal.
Maize Khal (Sariska) Rs.4,000 per quintal.