Edible oil Rates / Big drop in the price of mustard oil! Soybean and cottonseed oil will also be cheaper, see rates here

There is relief news for the people troubled by rising inflation. Due to the rise in foreign markets, the prices of groundnut and soybean oil, cottonseed, CPO, palmolein oil have seen improvement in the oil-oilseeds market on Saturday. On the other hand, due to increase in arrival of new mustard crop in the market, the price of mustard oil oilseeds has also seen a decline. That is, now the common people will definitely get some relief in the kitchen budget.

Mustard oil prices fall

According to the market people, the Chicago Exchange oil-oilseeds is running on strength. Sources said that despite the rise in foreign markets, due to increased arrival of new mustard crop in the mandis, the prices of mustard oil oilseeds are showing a softening. Earlier, there was a continuous increase in oil-oilseeds.

when will oil be cheaper

Apart from this, earlier in the market, the price of mustard oil used to be 25-30 rupees more than soybean and cottonseed oil in light oils, it is also likely to be cheaper now. After the arrival of the new crop increases, it is expected to become cheaper by Rs 5-7 a kg in 15-20 days as compared to these light oils.

Groundnut oil also became cheaper

Along with this, the country should emphasize on increasing oilseeds production to get relief from rising inflation and to reduce the import of edible oils as well as to achieve self-sufficiency in oilseeds sector. Apart from this, groundnut oil, the king of oils, has become cheaper than soybean and cottonseed oil in light oils. Let us know the price of oil in the market at present.

Wholesale price of all oils in the market-

Mustard oilseeds - Rs 8275-8300 (42 percent condition rate) per quintal

Groundnut - Rs 6,125 - Rs 6,220 per quintal

Groundnut Oil Mill Delivery (Gujarat) - Rs 13,550 per quintal

Groundnut Solvent Refined Oil - 2185 - Rs 2,370 per tin

Mustard oil Dadri - Rs 16,580 per quintal

Mustard Pakki Ghani - Rs 2445-2490 per tin

Mustard Kachhi Ghani - Rs 2645-2740 per tin

Sesame Oil Mill Delivery - Rs 16,700-18,200 per quintal

Soyabean Oil Mill Delivery Delhi - Rs 14,550 per quintal

Soybean Mill Delivery Indore - Rs 14,300 per quintal

Soyabean Oil Degum, Kandla - Rs 13,180 per quintal

CPO Ex-Kandla - Rs 12,600 per quintal

Cottonseed Mill Delivery (Haryana) - Rs 13,400 per quintal

Palmolein RBD, Delhi - Rs 14,000 per quintal

Palmolein Ex- Kandla - 12,800 (without GST)

Soyabean grain - Rs 7050-7100 per quintal

Soyabean loose - Rs 6800-6965 per quintal

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