Many oils including mustard, soybean became cheaper
Cooking oil prices have come down. Many oils, including mustard and soybean, have become cheaper. Due to the export demand of the international market, the oil prices in the domestic market have come down. Groundnut oil prices have also improved. According to experts, due to the export demand, the prices of groundnut oil in the Delhi oil-oilseed market have been given a correction last week. Due to the demand for groundnote oil abroad, exporters are buying it at Rs 160 per kg in Gujarat.
Why mustard oil is selling expensive
According to sources, there has been a decline in edible oil. Consumers are getting 190 to 210 rupees per liter of mustard oil. To this the sources said, “Wholesale rates have come down. Wholesalers are supplying retail companies at the rate of Rs 152 a liter for further supply. A head sold it on Saturday at the rate of Rs 152 a litre. If companies are increasing the price. Then the government should curb it.
How cheap is mustard oil
Last week the price of mustard seeds decreased by Rs 100. After which it was closed at Rs 7415-7465 per quintal. On the other hand, mustard Dadri oil fell by Rs 200. Mustard Pakki Ghani and Kachchi Ghani oil prices closed at Rs 2335-2415 and Rs 2375-2485 per tin.
Soybean became cheaper
After a week, the wholesale prices of Soyabean grains and Soyabean Loose fell by Rs.225 to Rs.6800-6900 and Rs.6500-6600 per quintal. After the fall, soybean oil price closed with a loss. The wholesale price of Soyabean Delhi closed at Rs 16400, Soyabean Indore at Rs 15750 and Soyabean Digum at Rs 14800 per quintal. On the other hand, peanut oil Gujraj closed at Rs 16,000 per quintal. Groundnut Solvent Refined also closed at Rs 2670-2860 per tin.
