New Delhi. Food Minister Piyush Goyal said that the prices of domestic edible oil price have not increased as much as international rates. Piyush Goyal told the Parliament that there is no proportionate increase in the wholesale and retail prices in the domestic market compared to the international prices of edible oils. In a written reply to a question asked in the Lok Sabha, the Union Food Minister said that the price of edible oil is increasing globally and domestic production is insufficient due to which the domestic price of edible oil has increased. However, there is no increase in domestic wholesale and retail prices of edible oils as compared to international prices. He said that domestic production of edible oils is not sufficient to meet the demand in the country and between the demand and production of edible oils The difference between is made through imports.
Know what is the government’s plan?
At the same time, on the question being asked about the efforts made by the government towards controlling the prices, the Union Minister said that keeping in mind the interests of farmers, industry and consumers, the prices, availability and fees of edible oil and other commodities An inter-ministerial committee on agricultural products has been set up under the chairmanship of the Food Secretary to closely monitor the structure. He informed that efforts are being made to reduce dependence on import of edible oils by increasing the production and productivity of oilseeds in the country.Also read- Indian Railways: Now you will not have to wait for tickets in these trains, you will get a confirmed seat! Is this the new planning of the railway?
Know, what is the price of mustard oil?
Sources in the market said that the cost of importing soybean refined, including today’s import duty price and GST payment, is Rs 145 a kg, while mustard sits at Rs 125 a kg. The price of palmolein is more than mustard. On the other hand, there is also a festive demand for mustard in the country, but the arrival of new crops in the mandis softened its price. The prices of the remaining oils also came under pressure due to the low price of mustard, which led to a decline. The price of soybean oil (DOC) as well as domestic exports increased due to the improvement in prices of cyanine grains.
The wholesale prices in the market are as follows-
On Wednesday, mustard oilseed – 5,850 – 5,900 (42 percent condition price) sold for Rs. At the same time, peanut seeds – sold for Rs 6,255 – 6,320, groundnut oil mill delivery (Gujarat) – sold for Rs 15,320. Groundnut Solvent Refined Oil Rs 2,470 – Rs 2,530 per tin, Mustard Oil Dadri – Rs 12,500 per quintal, Mustard Pakki Ghani – Rs 2,025 -2,115 per Tin, Mustard Raw Ghani – Rs 2,155 – Rs 2,270 per Tin, Soybean Oil Mill Delivery Delhi – Rs 13,800 Sold in So Palmoline RBD, Delhi – Rs 13,250 and Palmoline Kandla was priced at Rs 12,250 (without GST). Soyabean seeds were available at a rate of Rs 5,875 – 5,925.
Know, Tuesday’s price?
According to government figures, the average retail price of groundnut oil was Rs 180 per kg on Tuesday, up from Rs 120 per kg a year earlier. Similarly, retail oil prices have risen from Rs 147 per kg to Rs 110 per kg, soya oil has been priced at Rs 90 to Rs 130 per kg, while sunflower oil has been priced at Rs 140 per kg.