Jaipur Market: Mustard Oil Expeller Prices Dip to Rs 1020/10Kg Amidst Subdued Demand and Rival Oil Decline
Rapeseed Oil
•Published on
Mustard oil expeller prices at benchmark Jaipur market witnessed a decline from Rs 1030/10Kg to Rs 1020/10Kg. The decline in prices can be attributed towards subdued demand from traders as downward momentum in rival oils past week widened the premium of mustard oil over competing oils. Additionally, the demand from domestic crushers also remains weak as the mustard crushing is in disparity. Mustard oil closely tracks competing oils, hence weakness in competing oils past week also led to the mustard oil prices to ease down