Despite the rise in the Chicago Exchange, the prices of mustard oil oilseeds and soybean oilseeds closed with a decline in the major markets of the country on Friday due to weak demand at the local level. Market sources said that on the other hand, the prices of groundnut oil-oilseeds, soybean oil, crude palm oil (CPO), and palm olein oi,,l and cottonseed oil closed at the previous level. Malaysia Exchange closed with a slight decline. The evening market is closed here. Chicago Exchange is moving fast. Sources said that due to weak demand, the price of mustard oil-oilseeds was seen to However traders are hopeful that due to the high prices of palm olein and CPO, its import will decrease in the future, which is difficult to make up for withIndigenouss oil-oilseeds and in such a situation, the demand for mustard may increase in the future. Due to weak local and export demand for de-oiled cake (DOC), the price of soybean oilseeds also declined. He said that amid the rise inthe Chicago Exchange, the price of soybean oil remained at the previous level.
The prices of oilseeds were as follows
- Mustard oilseeds – Rs 6,550-6,600 per quintal.
- Groundnut – Rs 6,250-6,625 per quintal.
- Groundnut Oil Mill Delivery (Gujarat) – Rs 14,500 per quintal.
- Groundnut Refined Oil – Rs 2,185-2,485 per tin.
- Mustard oil Dadri – Rs 13,650 per quintal.
- Mustard Pakki Ghani – Rs 2,265-2,365 per tin.
- Mustard Crude Oil – Rs 2,265-2,390 per tin.
- Sesame Oil Mill Delivery – Rs 18,900-21,000 per quintal.
- Soybean oil mill delivery Delhi – Rs 13,825 per quintal.
- Soybean mill delivery Indore – Rs 13,775 per quintal.
- Soybean oil Degum, Kandla – Rs 9,825 per quintal.
- CPO ex-Kandla – Rs 13,300 per quintal.
- Cottonseed Mill Delivery (Haryana) – Rs 12,750 per quintal.
- Palmolein RBD, Delhi – Rs 14,700 per quintal.
- Palmolein ex- Kandla – Rs 13,600 (without GST) per quintal.
- Soybean grain – Rs 4,325-4,375 per quintal.
- Soybean loss – Rs 4,025-4,060 per quintal.
- Maize bran (Sariska) – Rs 4,100 per quintal.