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The price of edible oil, mustard and groundnut oil became cheaper, check the rate of 1 liter

Edible Oil Price: Amidst the ever-increasing inflation, there has been a relief in the prices of edible oil today. The general public has got some relief from expensive oil. Despite the steady rise in the global market, there has been a decline in the prices of mustard and groundnut oil in the oil-oilseeds market. Mustard and groundnut oil has become cheaper after today’s business. At the same time, the prices of CPO, Palmolein and Soyabean oil have seen a rise.

Growth in foreign markets
According to information received from sources, the Chicago Exchange was up 1.8 percent while the Malaysia Exchange has gained three percent. He said that indigenous oils are far cheaper than imported oils. Mustard oil sits at wholesale price of Rs 148 a kg and its retail price is maximum Rs 155-160 per liter.

Groundnut oil is cheaper by 30-40 rupees
Sources said that domestic oil is cheaper by Rs 12-13 per kg as compared to imported oils. At the same time, groundnut oil is cheaper by Rs 30-40 than sunflower, so the government should focus on the maximum retail price. Apart from this, the focus should be on making available edible oil to the consumers at the right price.

focus on increasing production
He said that after the record production of mustard, a huge amount of 16 lakh tonnes has been crushed last month. Farmers have proved that they have the potential to increase production if they continue to get the right incentives. Soybean oil and CPO and Palmolein oil prices improved on the back of gains in Malaysia and Chicago Exchange. Soyabean grain and loose prices remained at the previous level.

Let’s check what is the price of 1 liter of oil today-

    • Mustard oilseeds – Rs 7,450-7,500 (42 percent condition rate) per quintal
    • Groundnut – Rs 6,675 – Rs 6,770 per quintal
    • Groundnut Oil Mill Delivery (Gujarat) – Rs 15,400 per quintal
    • Groundnut Solvent Refined Oil Rs 2,555 – Rs 2,745 per tin
    • Mustard oil Dadri – Rs 14,800 per quintal
    • Sarson Pakki Ghani – Rs 2,345-2,420 per tin
    • Mustard Kachhi Ghani – Rs 2,395-2,495 per tin
    • Sesame Oil Mill Delivery – Rs 17,000-18,500 per quintal
    • Soyabean Oil Mill Delivery Delhi – Rs 16,100 per quintal
    • Soybean Mill Delivery Indore – Rs 15,750 per quintal
    • Soyabean Oil Degum, Kandla – Rs 14,750 per quintal
    • CPO Ex-Kandla – Rs 13,950 per quintal
    • Cottonseed Mill Delivery (Haryana) – Rs 15,200 per quintal
    • Palmolein RBD, Delhi – Rs 15,900 per quintal
    • Palmolein Ex-Kandla – Rs 14,700 (without GST) per quintal
    • Soyabean grain – Rs 7,750-7,800 per quintal
    • Soyabean loose Rs 7,450-7,550 per quintal
    • Maize Khal (Sariska) Rs 4,000 per quintal

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