Big relief for common people. Currently, there is significant volatility in mustard oil prices in the Indian market. Amid widespread inflation concerns, the recent decline in mustard oil prices offers positive news for consumers. This drop has presented a favorable chance for them following a prolonged period of elevated prices.
Current price of mustard oil in Uttar Pradesh
Now is the perfect moment to purchase mustard oil, particularly in Uttar Pradesh, one of the biggest states in the nation. In Saharanpur district, the prices of mustard oil have significantly decreased, creating an excellent chance for consumers to shop. Currently, mustard oil is priced between Rs 6,350 and Rs 6,400 per quintal, while groundnut oil rates are also favorable.
Price of groundnut oil in Gujarat
The cost of groundnut oil in Gujarat is likewise at an appealing level. The cost of groundnut oil currently stands at Rs 14150 per quintal, presenting another chance for consumers to buy. Additionally, refined groundnut oil is priced between Rs 2,140 and Rs 2,430 per tonne, making it highly competitive with prices in other states.
Prices of cottonseed oil decrease
The prices of cottonseed cake, a crucial livestock feed, have also decreased. Until two months back, the price was Rs 3820 per quintal, but it has now decreased to Rs 2615 per quintal. This decrease also presents a beneficial opportunity for farmers since they can purchase high-quality food for their animals at lower prices.
