Last Update: January 06, 2023, at 12:19 pm
The price of oilseeds till Thursday in the wholesale markets of Delhi is as follows.
Earlier the price of edible oils was Rs 10-12 per liter in the wholesale markets, which has now come down to Rs 6-8 per litre.
Despite a 0.1 per cent gain in the Chicago Exchange, the Delhi oilseeds market saw a decline on Thursday. Wholesale prices of edible oils, except groundnut oil, declined by Rs 4 per litre. Earlier the price of edible oils was Rs 10-12 per liter in the wholesale markets, which has now come down to Rs 6-8 per litre. But the retail market for oilseeds has shown no sign of abating.
The prices of oilseeds till Thursday in the wholesale markets of Delhi are as follows-
Mustard oilseeds Rs.6,885- Rs.6,935 per quintal.
Groundnut Rs.6,635- Rs.6,695 per quintal.
Groundnut oil mill delivery (Gujarat) Rs 15,650 per quintal.
Groundnut refined oil Rs 2,480- Rs 2,745 per tin.
Mustard oil (Dadri) Rs.13,650 per quintal.
Mustard (Pakki) Ghani Rs 2,080- 2,210 per tin.
Mustard (Raw) Ghani Rs.2,140 – 2,265 per tin.
Sesame oil mill delivery Rs 18,900- 21,000 per quintal.
Soybean oil mill delivery (Delhi) Rs 13,650 per quintal.
Soybean Mill Delivery (Indore) Rs 13,500 per quintal.
Soybean oil delivery (Kandla) at Rs 11,800 per quintal.
Binola Mill Delivery (Haryana) at Rs 12,250 per quintal.
Palmolein refined, bleached and deodorised, (Delhi) Rs 10,200 per quintal.
Palmolein Mill Delivery (Kandla) Rs 9,200 (without GST) per quintal.
Soybean grain Rs.5,675 – Rs.5,775 per quintal.
Maize Khal (Sariska) Rs 4,010 per quintal.
According to a market source, mustard crop is likely to arrive in the mandis by next month and production is expected to be bumper. Due to bountiful mustard crop, farmers are selling their remaining stock in the markets.
According to sources, low priced foreign oils have put pressure on domestic oilseeds. In such circumstances, they are forced to sell their produce at throwaway prices.
Farmers, who had earlier earned higher prices, do not want to sell their produce at lower prices. Soybean and cottonseed farmers are not giving their produce at a discount. According to sources, soybean oilseed prices are stable despite demand for de-oiled cake (DOC). But soybean oil prices also declined due to lower profit margins.
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