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.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.