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Notwithstanding weak futures and global cues, most of the oils in Indore and other mandis across Madhya Pradesh edged up on festival demand. Soya refined rose to ₹ 940-45, while soya solvent ruled at ₹ 900-905 for 10 kg. Soya oil plant rates were also quoted higher with soya refined Ruchi/Gam buja/Itarsi today being quoted at ₹ 950 for 10 kg each, soya refined (Keshav/Bajrang/Kalapipal) ruled at ₹ 945 each, soya refined (Prestige/Avi) - ₹ 943 each, Vippy/Khandwa - ₹ 947 each, MS (Pachor) - ₹ 940, soya refined (Dhanuka) - ₹ 933, Amrit (Mandsaur) at ₹ 937, while soya refined Nimbhara ruled at ₹ 939 for 10 kg, respectively.
Similarly, groundnut, palm and cotton oils were also quoted higher with demand outstripping availability. Groundnut oil (Indore) today was quoted at ₹ 1,290-1,320, groundnut oil (Bombay) ₹ 1,300, while groundnut oil (Gujarat) ruled at ₹ 1,260. Cotton oil (Gujarat) was also quoted higher at ₹ 903. Palm oil (Indore) ruled at ₹ 920, while palm oil (Bombay) was quoted at ₹ 865.
Arrival of soyabean in mandis across Madhya Pradesh today was recorded at 3 lakh bags with mandi rates being quoted at ₹ 3,600-4,000 a quintal. Soyabean plant deliveries in Madhya Pradesh were also quoted higher at ₹ 4,150-4,200 a quintal.
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