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There has been a big change in the prices of all oils including mustard, soybean, check the price of 1 liter

Edible Oil Price: There has been an improvement in the prices of edible oil today. After today’s trading, the prices of almost all oilseeds including mustard, soybean, palmolein, CPO, groundnut saw an improvement. Apart from this, the rest of the oil prices remained at the previous level.

Growth in foreign markets
Sources said that the Malaysia exchange gained 2.15 per cent, while the Chicago exchange has seen a rise of 1.5 per cent. In the midst of a booming environment in the foreign markets, the prices of almost all edible oils remained high due to shortage of edible oils.

loss to importers
According to sources, the importers of soybean and palmolein are facing a loss of around Rs 300 per quintal in importing these oils as they are much cheaper than the indigenous oil. The gap between indigenous oils and imported oils is widening and imported oils are becoming costlier.

Government may consider reducing import duty
He said that there is speculation that the government may consider reducing import duty to increase the supply of edible oils, but this move may prove to be as regressive as before. Sources said that after the reduction of duty, the prices of edible oils abroad will be increased and the step of reducing the duty will act like fuel in the fire.

Let’s check the latest oil rates

    • Mustard oilseeds – Rs 7,540-7,590 (42 percent condition rate) per quintal


    • Groundnut – Rs 6,850 – Rs 6,945 per quintal


    • Groundnut Oil Mill Delivery (Gujarat) – Rs 15,850 per quintal


    • Groundnut Solvent Refined Oil Rs 2,625 – Rs 2,815 per tin


    • Mustard oil Dadri – Rs 15,100 per quintal


    • Sarson Pakki Ghani – Rs 2,385-2,460 per tin


    • Mustard Kachhi Ghani – Rs 2,435-2,535 per tin


    • Sesame Oil Mill Delivery – Rs 17,000-18,500 per quintal


    • Soyabean Oil Mill Delivery Delhi – Rs 17,000 per quintal


    • Soybean Mill Delivery Indore – Rs 16,450 per quintal


    • Soyabean Oil Degum, Kandla – Rs 15,580 per quintal


    • CPO Ex-Kandla – Rs 14,250 per quintal


    • Cottonseed Mill Delivery (Haryana) – Rs 15,620 per quintal


    • Palmolein RBD, Delhi – Rs 16,300 per quintal


    • Palmolein Ex-Kandla – Rs 15,050 (without GST) per quintal


    • Soyabean grain – Rs 7,800-7,850 per quintal


    • Soyabean loose Rs 7,500-7,600 per quintal


    • Maize Khal (Sariska) Rs 4,000 per quintal

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