Edible Oil Prices: A rapid improvement in the prices of soybeans, palm oil and cottonseed oil was seen in the Delhi oilseed market on Saturday. Traders said palm oil and soybean oil prices corrected due to the 1.5% rise recorded on the Chicago Stock Exchange on Friday night.
The fall in Edible Oil prices
He said that the arrival of mustard increased in the market, due to which the prices of mustard seeds recorded an easing. The arrival of bags of mustard in mandis increased from five lakh bags on Friday to seven lakh bags on Saturday. For this reason, there has been a drop in mustard oil prices of Rs 25 per quintal. According to traders, the decline in groundnut oil prices was observed due to weak demand.
Let’s check the latest oil rates on the wholesale market
Mustard Oilseeds – Rs 7,475-7,525 (42% condition rate)
Groundnut – Rs 6,625 – Rs 6,720 per quintal
Delivery of a groundnut oil mill (Gujarat) – Rs 15,500 per quintal
Peanut Solvent Refined Oil Rs 2,570 – Rs 2,760 per box
Dadri mustard oil – Rs 15,000 per quintal
Sarson Pakki Ghani – Rs 2,375-2,450 per box
Kachhi Ghani Mustard – Rs 2,425-2,525 per box
Sesame Oil Mill Delivery – Rs 17,000-18,500 per quintal
Delivery of soybean oil mill in Delhi – Rs 15,800 per quintal
Soybean Mill Delivery Indore – Rs 15,600 per quintal
Degum of soybean oil, Kandla – Rs 14,400 per quintal
Ex-Kandla CPO – Rs 13,800 per quintal
Factory delivery of cotton seeds (Haryana) – Rs 14,950 per quintal
Palmolein RBD, Delhi – Rs 15,400 per quintal
Palmolein Ex-Kandla – Rs 14,250 (without GST)
Soybean – Rs 7,625-7,675 per quintal
Bulk soybeans Rs 7,325-7,425 per quintal
Corn Khal (Sariska) Rs 4,000 per quintal
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