Flames in Singtel: The price of a can was fixed at Rs 5,250 per lakh hectares of government import duty on soybeans, copra, sunflower. Thus, even as a result of the measures to reduce plantings, there was a stabilization in prices even during the period when prices of old cans of cottonseed fell from Rs 2,400 to Rs 2,350.
However, sources close to the oilseed market said that the recent rains had changed the picture of the crop. Navgujarat time> Ahmedabad Thus, in the last one week, the price of a can has decreased by Rs 50-70. According to a recent survey, the picture of groundnut crop in Gujarat has changed due to late rains.
The peanut corp has been surveyed by the Solvent Extractors Association (C) and is estimated to be 38.55 lakh tonnes this year. Which was 35.45 lakh tonnes last year. Peanut production has improved in most districts compared to last year. Rajkot district has the highest estimate of 5.40 lakh tonnes as against 4.70 lakh tonnes last year.
This year, the area under cultivation has come down to 19.10 lakh hectares, which was also 20.65 lakh last year, according to another association. The groundnut market has also seen a good growth in revenue. On Tuesday, the market witnessed a daily turnover of 4-5 lakh times, which was the highest daily ever. A local trader also said that despite rising revenues, prices have not fallen sharply and are stabilizing as expected due to good demand in South India. Among the various edible oils, the new can of soybean was Rs. 2300-2400, the old can of palmolin was Rs. 1970–2020, sunflower was Rs. Cingulum oil prices have skyrocketed and recently crossed Rs 2,500. It has become difficult for ordinary people to eat peanut oil. For the poor, cingulum oil is becoming like a dream. Of course, the government is now taking action after the rise in cingulum oil prices.
Higher production of groundnut and measures taken by the government to reduce the release of imported edible oil put a brake on the rising price of groundnut oil in the state. In the last one week, the price of an old can of cingulum oil has come down from Rs 2,400 to Rs 2,350. While the price of a new can of Singtel was set at Rs. Such as other edible oils