Foreigner The prices of almost all the oil-plants closed on Friday in the country’s oil-oilseed market amidst a strong trend in the markets. The Malaysia Exchange closed up 2.32 per cent in the afternoon. In addition, the Chicago Exchange had closed strong last night. Market sources said that the minimum support price of mustard for the next session (MSP) is likely to come on March 28. In the hope of increasing MSP, farmers are bringing their crops at a slow pace in the market. Further festivals are also knocking and due to demand, mustard oil-oil prices closed strongly. He said that the demand for mustard will increase further in the coming days because its wholesale price is cheaper than all oils in North India.
Mustard oil has become cheaper than Pamoline
At this time, mustard oil has become cheaper than pamoline. In North India, the mustard price is Rs 131 a kg, while the soybean is Rs 136 a kg and the Pamoline is Rs 143 a kg. Sources said that due to selling at 25-26 percent lower price from MSP, the arrival of peanuts in the market is low, due to which its crushing mills are also running less. This improved peanut oil-oilseeds. He said that the price of soybean oil-oilseeds was also recorded due to the strong closure of the Chicago exchange last night and the price of soybean oil. Its arrival is also weak.
Who will complete the lack of pamoline
Sources said that the Malaysia exchange is also improved in the price of CPO and Pamoline due to the closure of 2.32 percent strong in the afternoon. Due to being expensive, its imports are also decreasing. The question is, which oil will complete the lack of this oil? Sunflower oil is first expensive and soybean also has its limit. He said that due to the decrease in the arrival of cotton and the price of Narma increased by Rs 25-30, the price of cottonseed oil also closed strong.
The prices of oil and tears are as follows:
- Mustard oilseeds – Rs 6,050-6,150 per quintal.
- Peanut – Rs 5,175-5,500 per quintal.
- Peanut oil mill delivery (Gujarat) – Rs 14,000 per quintal.
- Peanut refined oil – Rs 2,125-2,425 per tin.
- Mustard oil Dadri- Rs 13,100 per quintal.
- Mustard paved Ghani- Rs 2,250-2,350 per tin.
- Mustard raw ghani- Rs 2,250-2,375 per tin.
- Sesame oil mill delivery – Rs 18,900-21,000 per quintal.
- Soybean oil mill delivery Delhi- Rs 13,650 per quintal.
- Soybean Mill Delivery Indore- Rs 13,350 per quintal.
- Soybean Oil Digam, Kandla- Rs 9,550 per quintal.
- CPO X-Kandla- Rs 12,750 per quintal.
- Binaula Mill Delivery (Haryana)- Rs 12,800 per quintal.
- Pamolin RBD, Delhi- Rs 14,300 per quintal.
- Pamolin X-Kandla- Rs 13,300 (without GST) per quintal.
- Soybean Dana – Rs 4,275-4,325 per quintal.
- Soybean loose- Rs 3,975-4,075 per quintal.
(With PTI/language input)
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