Our Correspondent

The majority of oils in Indore mandis traded higher on improved buying and rise in futures with soy refined Indore (Vippy & Bajrang) on Thursday being quoted at ₹833 for 10 kg each, soy refined (Vippy) at ₹835, soy refined Neemuch (Dhanuka) ruled at ₹823, MS Solvex at ₹825, soy refined Mandsaur (Amrit) at ₹825, soy refined Pachore (MS) at ₹830, while soy refined Kalapipal (Ambika) rose to 835 for 10 kg respectively.

Soy solvent also ruled higher at ₹785-90 for 10 kg. Similarly, palm oil (Indore) rose to ₹850-55 for 10 kg, palm oil (Bombay) - ₹790, while cotton oil (Gujarat) was quoted at ₹790 for 10 kg. Groundnut oil, on the other hand, declined on weak buying with groundnut oil (Indore) on Thursday at ₹1,340-60 for 10 kg, groundnut oil (Gujarat) at ₹1,340, while groundnut oil (Bombay) ruled at ₹1,325 for 10 kg.

Weak arrival perked up mustard seeds (Nimar) to ₹4,050-4,100 a quintal, while raida was quoted at ₹3,950 a quintal. Weak availability of mustard seeds lifted plant deliveries of mustard seeds today to ₹4,925-30 a quintal. The arrival of mustard seeds across the country today declined to 3.50 lakh bags. Rajasthan led the arrival with 2 lakh bags, followed by Uttar Pradesh with 60,000 bags, Madhya Pradesh with 20,000 bags, Gujarat and Haryana/Punjab with 15,000 bags each, while 40,000 bags were offloaded elsewhere in the country.

comment COMMENT NOW