Jaipur Mustard Expeller Oil Prices Drop Amidst Weakness in Edible Oil Market

Rapeseed Oil

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Jaipur Mustard Expeller Oil prices have witnessed a decline from the beginning of the month. Mustard expeller oil prices went down from Rs 1030/10Kg to Rs 990/10Kg. The decline in mustard expeller oil prices was majorly due to weakness across the edible oil basket. The rival Soy oil and rival palm oil prices corrected down due to weak global cues. The demand from the buyers remains subdued majorly due to mustard oil trading at a premium compared to rival oils. The crusher demand is also weak owing to the crush disparity. As per the trade sources many of the mills have closed down in Bharatpur owing to the crush disparity in mustard crushing.