Country Most of the oil-oil-platform prices were seen to be broken in the oil-oilseed market on Friday. The prices of mustard and soybean oil-oil, raw palmate (CPO) and Pamoline and cottonseed oil closed down with a fall. The prices of peanut oil-oilseeds remained at the east level amidst low selling of farmers at low prices. Market sources said that in the next 10-15 days, the rumor spread in the market just before the sowing of soybeans started that from April 21, the initiative of selling soybean by the cooperative institution, Nafed would start. This rumor affected the market perception and the prices of most oil-stuffs were broken.
Peanut’s spot price below MSP
The peanuts of the farmers are also not taking the name of consuming and its spot price is far below the MSP. In such a situation, the rumor of selling peanuts in Gujarat is also spreading by the government. This will be fatal in terms of promoting the country’s oil-oilseed production. Sources said that the price of the raw palm (CPO) in Malaysia had been made ‘unnecessary’ for the last seven months, it has fallen to the lowest level of seven months falling in the last few days.
Prices of oil and oils remain this way
- Mustard oilseeds – Rs 6,325-6,425 per quintal.
- Peanut – 5,725-6,100 rupees per quintal.
- Peanut Oil Mill Delivery (Gujarat) – Rs 14,150 per quintal.
- Peanut refined oil – Rs 2,245-2,545 per tin.
- Mustard oil Dadri- Rs 13,050 per quintal.
- Mustard paved Ghani- Rs 2,350-2,450 per tin.
- Mustard raw ghani- Rs 2,350-2,475 per tin.
- Soybean oil mill delivery Delhi- Rs 13,400 per quintal.
- Soybean Mill Delivery Indore- Rs 13,250 per quintal.
- Soybean Oil Digam, Kandla- Rs 9,350 per quintal.
- CPO X-Kandla- Rs 12,250 per quintal.
- Betana Mill Delivery (Haryana)- Rs 13,500 per quintal.
- Pamolin RBD, Delhi- Rs 13,750 per quintal.
- Pamolin X-Kandla- Rs 12,500 (without GST) per quintal.
- Soybean Dana – Rs 4,550-4,600 per quintal.
- Soybean loose- Rs 4,250-4,300 per quintal.
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