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Mandi Prices Wholesale prices of Soybean Oil, Mustard and Peanut also become very expensive along with MSP – Business News India


Prices of most oilseeds, including mustard, groundnut, soybean oil seed, cottonseed, CPO and palm oil, showed a rise in the oilseed market in Delhi on Wednesday amid the Modi government’s increase in the Minimum Support Price (MSP) for some oilseed crops. Meanwhile, the price of gram dal increased by Rs 150, tur (tur) dal by Rs 200, moong dal by Rs 100 and urad dal by Rs 100 per quintal at the Dal Rice market in Indore on Wednesday.


Oil and oilseeds prices remained as follows in Delhi Mandi on Wednesday


  • Oil mustard seeds – 7,590-7,640 rupees (42 per cent case rate) per quintal.
  • Peanuts – 6,865 rupees – 7,000 rupees per quintal.
  • Delivery of Peanut Oil Mill (Gujarat) – 16,100 rupees per quintal.
  • Refined Oil with Solvents Peanut Rs 2,685 – Rs 2,875 per pack.
  • Dadri mustard oil – 15,500 rupees per quintal.
  • Sarson Paki Ghani – 2425-2505 rupees per pack.
  • Sarson Kachi rich – 2,465-2,570 rupees per tin.
  • Delivery of sesame oil mill – 17000-18500 rupees per quintal.
  • Delivery of soybean oil mill in Delhi – 16520 rupees per quintal.
  • Soybean mill delivery inland – Rs 15,920 per quintal.
  • Digum Soybean Oil, Kandla – 14,910 rupees per quintal.
  • CPO Ex-Kandla – 14.520 rupees per quintal.
  • Delivery of Cotton Seed Mill (Haryana) – 15,200 rupees per quintal.
  • Palmolein RBD, Delhi – 15,920 rupees per quintal.
  • Palmolein ex-Kandla- Rs 14,810 (excluding GST) per quintal.
  • Soybeans – 7000-7100 rupees per quintal.
  • Loose Soybeans Rs 6,700 – Rs 6,800 per quintal.
  • Corn Khali (Sariska) 4,000 rupees per quintal.

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Refined soybean prices rise in Indore

 

oilseeds

  • Mustard (Neymar) 6000 to 6200
  • Naya Raida 6100 to 6300 rupees per quintal.

oil

  • Indore 1620 to 1640 Peanut Oil,
  • Refined Soybeans Indore 1530 to 1535,
  • Solvent Soybean 1510 to 1515,
  • Palm Oil Rs 1570 to 1575 per 10 kg.

cotton cake

  • Kapasya Khali Indore 2200,
  • Kapasya Khali Dewas 2200,
  • Kapasya Khali Ujjain 2200,
  • Mohammed Awad Abdullah Al-Harbi 2175
  • Burhanpur Cotton Cake Rs 2175 per 60 kg bag.
  • Kapasya Khali Akola Rs. 3300 per quintal.

Gram Dal, Tor Dal, Muong, Urad High in Indore

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lentil

  • Phase (Ahar) Quarter D number from 8200 to 8300,
  • Tor dal flower from 8400 to 8600,
  • Toor Dal (new) 8900 to 9600,
  • Imported Toor Dal 8000 to 8100,
  • Chana Dal 5850 to 6350,
  • DAL 8050 to 8350 MASURE,
  • moong dal 8000 to 8300,
  • Moong Mogar 8700 to 9000,
  • urad dal 8300 to 8600,
  • Arad Mogar 8900 to 9300 per quintal.

rice

  • Basmati (921) 10000 to 11000,
  • Tbar 8000 to 8500,
  • Dubar 7000 to 7500,
  • Mini Dubar 6500 to 7000,
  • mogra 3500 to 6000,
  • Basmati Al Sila 6500 to 9000,
  • Black Mush 7500 to 8000
  • Rajbhog 6800 to 7000,
  • Dubrage 3500 to 4500,
  • Parmal 2500 to 2650,
  • Hansa Saila 2450 to 2650,
  • Hansa White from 2350 to 2450,
  • Poha 3700 to 4100 per quintal.

Soybean MSP increased by Rs 350

Traders said the Chicago Stock Exchange rose about 1.5 percent, while edible oils remained in an uptrend despite the downtrend in the Malaysian stock exchange. The sources said that the government raised the minimum support price for the Khareef (summer) crops for the year 2022-2023, and also raised the prices of various oilseed crops. This is a commendable move by the government and has the potential to increase oilseed production. Under this increase, the MSP of soybean was increased by Rs 350 or 9 percent.

Sunflower MSP increased by 385 rupees per quintal

MSP from sunflower was increased by Rs 385 per quintal i.e. 6 percent, MSP from peanut by 5 percent i.e. Rs 300. Apart from this, the MSP of other crops was also increased. This will not only move the country on the path of self-reliance in oilseed production, but will also save foreign exchange spent on importing edible oils.

The arrival of mustard is constantly decreasing in Al-Mandas

The arrival of mustard in Al-Mandas is constantly decreasing. To fill the shortage in imported oils, there is an overall demand for the refined mustard industry, but given the way in which refined mustard is consumed, there is surely a shortage of mustard in the future and this shortage is reduced by import duties – they cannot be met by tax or by importing from other countries.

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