Soybean grain and loose and crude palm oil (CPO) prices have improved in the Delhi oil-oilseeds market on Thursday due to increased demand despite a quieter trend in overseas markets. On the other hand, soybean oil and cottonseed oil remained at a loss due to weak demand despite gaining half a cent on the Chicago Exchange.
According to sources, the supply of soybean grain plant in Maharashtra’s Latur fame has increased from 10,500 to 10,800 quintal (excluding GST), amid a shortage of fine grains. Because of this, soybean has improved in grain and loose prices. However, the price of refined soybean in the Indore edible oil market is Rs 5 per 10kg. On Thursday, the lens price at Indyogitganj Anaj Mandi in Indore was reduced by Rs 50 per quintal.
Also Read: Edible oil inflation remains up to November, on average, an increase of 52 per cent in prices, a fall in prices only after a new crop arrives
Traders said the Malaysian exchange was down 1.8 per cent, while the Chicago exchange was up by half. The CPO market rose after the Malaysia exchange downturn and recorded a return on demand. Soybean grain and soybean loose prices are showing improvement due to an increase in local demand for soybean oil loss oil (DOC). But despite the Chicago Exchange, soybean oil prices have fallen due to impact on demand.
The wholesale prices in Delhi Mandi are as follows (Rs. Per quintal)
- Mustard Oilseeds – 7,900 – 7,950 (42 per cent conditional price) Rs.
- Peanuts – Rs 6,295 – Rs 6,440.
- Groundnut Oil Mill Distribution (Gujarat) – Rs 14,250
- Peanut Solvent Refined Oil Rs 2,195 – Rs 2,325 per tin.
- Mustard Oil Dadri – Rs. 15,700 per quintal
- 2,545 -2,595 for each tin of Sarson Pakki Ghani.
- Sarson Kachi Ghani – Rs 2,630 – Rs 2,740 per tin.
- Distribution of Sesame Oil Mill – Rs 15,100 – 17,600.
- Soybean Oil Mill Delivery Delhi – 15,000 Rs.
- Soybean Mill Delivery Indore – Rs 14,900
- Soybean Oil Decam, Kandla – Rs 13,600
- CPO X -Condla – Rs 11,750
- Cotton Seed Mill Delivery (Haryana) – Rs 14,300
- Pamolin RBD, Delhi – Rs 13,400
- Pamolin X- Condla – 12,300 (without GST)
- Soybean Grain 10,450 – 10,500, Soybean Rs 10,200 – 10,300
- Makka Khal (Sariska) Rs
Decline in refined soybean prices in Indore
Oilseeds
- Soybean 9800 to 10000,
- Mustard (Nimari) 6900 to 7000,
- Toli costs Rs 5600 to Rs 5800 per quintal.
Oil
- Groundnut oil Indore 1460 to 1480,
- Soybean Processed Indore 1400 to 1405
- Soybean solvent 1340 to 1345,
- 1330 to 1335 per 10 kg of palm oil.
Cotton cake
- Kapasya Blank Indore 2125,
- Kapasya Blank Devas 2125,
- Uppajani Blank Ujjain 2125,
- Kapasya Blank Khandwa 2100,
- 2100 per 60kg bag of cotton cake Burhanpur.
- 3050 per quintal of Kapusya Blank Akola.
Decline in lens prices
Legumes
- Chana (thorn) 5150 to 5175,
- Lens 6300 to 6350,
- Tour (Tour) Nimadi 5500 to 6200, Tur Safed (Maharashtra) 6500 to 6600, Tour (Karnataka) 6700 to 6800,
- Moong 6200 to 6300, Moong Light 5800 to 6100,
- Urad 6800 to 7000, Light 5500 to 6500 per quintal.
Lens
- Tour (Arhar) Dal Quarterly Number 8850 to 8950,
- Tour Dal Fool 9050 to 9250,
- Tur Dal Bold 9350 to 9750,
- Imported Tour Daal 8650 to 8750,
- Chana Dal 6100 to 6500,
- Masur Dal 7400 to 7600,
- Moong Dal 6900 to 7200,
- Moong Mogar 7700 to 8000,
- Urad Dal 8900 to 9200,
- Urad Mogar 9300 to 9700 quintal.
Rice
- Basmati (921) 9000 to 9500,
- Tibor 7500 to 8000,
- Dubar 6500 to 7000,
- Mini Dubar 5500 to 6000,
- Mogra 3500 to 5500,
- Basmati Saila 5000 to 7000,
- Kalimash 6800 to 7000,
- Rajbhog 5800 to 6000,
- Dubraj 3500 to 4000,
- Permal 2700 to 2850,
- Hansa Saila 2600 to 2750,
- Hansa White 2400 to 2500,
- Poha Quintal costs Rs 3200 to Rs 3700.