Suspense Crime Sach Ka Dam
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The common people in the country have got a big relief. In fact, oil prices have been falling for some time and once again oil prices have come down. Amidst the fall in foreign markets, a downward trend was seen in the prices of edible oilseeds in Delhi’s oil-oilseed market on Saturday. Mustard, groundnut, soybean oilseeds, crude palm oil (CPO) and palmolein oil and cottonseed oil closed with losses. Market sources said that the Malaysia Exchange was sluggish late in the night. The Chicago Exchange was down 1.3 percent overnight after hitting a high yesterday evening.
price drop
Sources said that this time soybean has been sown in Brazil and America. After its production, the pressure on oilseed prices is likely to remain for a long time and the condition of oil mills may worsen. Due to this, the prices of soybean meal and soybean deoiled cake (DOC) declined. The level is so bad that soybean farmers from Maharashtra are selling soybean to Madhya Pradesh. Due to this, the prices of soybean oil oilseeds are falling.
can affect them
Sources said a Chinese multinational company (Capco) having a plant at Kandla port is selling number one quality refined soyabean oil in bulk at a fixed fee of Rs 82 per liter till June 30. That is, now even if the government increases the import duty, consumers will still get edible oil at a price of Rs.82. Edible oil and oilseeds markets are collapsing abroad. Any buyer can buy edible oil in bulk in any quantity from here. Due to high MRP of domestic companies, buyers are buying oil from this multinational company. This domestic oil will not only spoil the sentiment in the oilseeds market but can also seriously affect the country’s domestic oil millers, especially the farmers of mustard, cotton, sunflower and soybean.
oilseed industry
Sources said that the prices of many other commodities, including milk, have increased in the country, but the most vocal issue is the price of oil and oilseeds, while the per capita consumption of edible oil is much less than that of milk. Sources said sunflower oil was priced at $2,500 a tonne in May a year ago and is currently priced at $940 a tonne. Due to which the country’s oil and oilseeds industries were ruined, banks’ money was wasted, a large number of people became unemployed in all these cases, the responsible people including the oil organization should come forward and pay attention.
New update on oil and oilseeds prices on Saturday
Mustard Oilseeds: Rs. 4,950-5,050 (42 per cent status rate) per quintal.
Groundnut: Rs 6,500-6,560 per quintal.
Groundnut Oil Mill Delivery (Gujarat): Rs. 16,250 per quintal.
Groundnut Refined Oil: Rs. 2,430-2,695 per tin.
Mustard Oil Dadri: Rs. 9,540 per quintal.
Mustard Paki Ghani: Rs. 1,620-1,700 per tin.
Mustard raw thick : Rs. 1,620-1,730 per tin.
Sesame Oil Mill Delivery: Rs. 18,900-21,000 per quintal.
Soybean Oil Mill Delivery Delhi: Rs. 9,850 per quintal.
Soybean Mill Delivery Indore: Rs. 9,640 per quintal.
Soybean Oil Dejem, Kandla : Rs. 8,140 per quintal.
CPO Ex-Kandla: Rs 8,480 per quintal.
Cotton mill delivery (Haryana): Rs 8,680 per quintal.
Palmolin RBD, Delhi: Rs. 9,840 per quintal.
Palmolin X- Kandla: Rs 8,880 (without GST) per quintal.
Soybean seed: Rs 5,150-5,225 per quintal.
Soybean loose: Rs 4,925-5,005 per quintal.
Maize Khal (Sariska): Rs 4,010 per quintal.
