Shankar Thakkar, the national president of the All India Food Oil Merchants Federation and the National Indian traders, said that the trade was slowing down due to a decrease in foreign demand and oil trade in peanuts for the past few days. Due to the most business in the last few days, the price of peanuts has improved by Rs 5-10.
Due to business in peanut oil, peanut oil loose prices of Rs. However, traders say that no one should do much business because of the end of March. Any businesses will only be done two-three days and will stop the business in the coming week.
What is Mandi Bhava
Thakkar, on the other hand, said there was no special trade in China and other countries in peanut grain quality. Therefore, the signs of great speed are not yet visible. Today, 11051 bastards are traded in Gondal before the arrival of 11000 bags. The average quality peanuts are Rs.1025-1055 for 20 kg while the best quality grounds are Rs.1060-1270 for 20 kg.
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In Rajkot Mandi, 17000 bastards pending pending bastards are still lying. The average quality of peanuts is Rs.940-1240 for 20 kg while the best quality peanuts are priced at Rs.925-1100 for 20 kg. In the Mumbai market today, peanut oil prices are 10 kg from 1380 to 1410 different quality. There is no chance of big improvement in the price of peanuts or peanut oil.
Edible oil rates have increased
If you look at the inflation rate in recent times, it has decreased, but there is no difference in the price of edible oils. Each type of food oil is expensive. If it is talking about mustard or peanuts and sunflower oil, then everyone’s prices will rise. Due to the increase in the cost of these oils, the inflation rate will increase in the coming days. The recent RBI report states that the price of edible oils and dairy products is seen.
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