Oil-oilseeds prices rise due to government procurement

Due to the pace of oil oilseeds procurement on behalf of the government, the oil oilseeds market has seen an improvement in oil oilseeds prices in the trading on Wednesday.



Due to the procurement of oil oil seeds on behalf of the government, the trend in oil oil seeds in the local oil-oil seed market on Wednesday has seen the trend of improving prices of most food and non-edible oils. Market sources said that due to the activation of the bookies in the market, the price of oil seeds was under great pressure and the oil producing farmers were forced to sell their produce at a cheaper price. Between this situation, oil seeds prices have risen due to the government's procurement of oil seeds from the start of the government and due to this speed, their prices have recovered.

With the introduction of government procurement, the prices of mustard grains were revised up to Rs 3,750-3,780 from Rs 3,800-Rs 3,820 per quintal. While the prices of mustard Dadri fell from Rs 7,670 earlier to Rs 7,650 per quintal. Soya bean mill delivery Delhi, Soyabean mill delivery Indore and Soya bean Degut rose by Rs 50 - 50 to Rs 8,050, Rs 7,850 and Rs 6,950 per quintal respectively. The price of CPO X Kandla rose by Rs 30 to Rs 5,250 per quintal. Binola mill delivery Haryana Haryana has appreciated by Rs 100 to Rs 6,950 per quintal. The prices of various other food and non-edible oils were closed at almost the same extent.

Closed prices (quintal) on Wednesday are as follows:
Mustard seeds- 3,800 to 3,820 peanuts, Dana- 4,430 to 4,610 vegetable ghee (15 liters of tin) - 1,030 to 1,230 edible oil: peanut mill delivery (Gujarat) - 9,500 paise peanut salvat refined (per tin) Delhi- 1,710 to 1,750 Rs. 7,650, Mustard Paki Ghani - 1,170 to 1,470 rupees (per tin), mustard raw Ghani - 1,415 to 1,565 rupees (per tin), sesame oil mill delivery - 12,000 to 18,000 rupees, soyabean refined Delhi- Rs 8,050, Soyab No refund mill delivery (Indore) - Rs 7,850, Soyabean Degam (Kandla) - Rs 6,950, Kacha Palmetel (CPO) X Kandla- Rs 5,250, Binola Mill Delivery (Haryana) - Rs 6,950, Palmolein (RBD) Delhi- Rs 6,500, Palmolein (Kandla) - 5,850 rupees, coconut oil- 2,625 - 2,825 rupees, non-edible oil-linseed- 8,900 rupees, castor- 10,800 to 11,000 neem- 8,950 to 9,000 rupees. Khal: Mecca Khal - 3,000

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