Mustard Oil Price Fall in Uttar Pradesh, Bihar know Latest Rate | Edible Oil Price: People breathed a sigh of relief due to the fall in the price of mustard oil, know what is the latest price

Mustard Oil Price Fall in Uttar Pradesh, Bihar know Latest Rate | Edible Oil Price: People breathed a sigh of relief due to the fall in the price of mustard oil, know what is the latest price
Mustard Oil Price Fall in Uttar Pradesh, Bihar know Latest Rate | Edible Oil Price: People breathed a sigh of relief due to the fall in the price of mustard oil, know what is the latest price

The price had reached Rs 200 per liter

The wholesale price of mustard oil in UP has come down to Rs 154 a liter. Whereas a few days ago the price of mustard oil had also crossed Rs 200. In Bihar also now the price of mustard oil has come down to Rs 175 a liter. According to market experts, the main reason for the reduction in the rate of mustard oil is the fall in the price of mustard and the softening of the demand for oil.

Mustard oil demand had decreased due to increase in price

According to experts, the consumption of mustard oil is high in North India. Tamil Nadu, Andhra Pradesh, Kerala, Maharashtra and Gujarat have high consumption of other oils like sunflower, soybean, cottonseed, groundnut. The demand for mustard oil has also decreased due to the increase in prices. According to commodityonline.com, the price of mustard oil in UP on September 1 is Rs 154 per liter. Whereas on August 31, the price of mustard oil was Rs 171 a liter. That is, today the rate of mustard oil has come down.

Mustard came down from Rs 8000 per quintal to 6000

It may be mentioned that a few months ago, the price of mustard oil had reached Rs 210. Today’s price of Mustard in Ghaziabad is Rs 160 a liter while in Lucknow it is Rs 154 a liter. The rates of mustard, which once crossed Rs 8,000 a quintal, are now running in the range of Rs 6000-6500.

The price of Uttar Pradesh mustard is Rs 6100 per quintal. On the other hand, the average rate of mustard in Haryana is Rs 5750 per quintal. Similarly, in Madhya Pradesh, mustard is being sold up to Rs 6000 a quintal. Due to the reduction in the price of mustard oil, people suffering from inflation have heaved a sigh of relief.


The article is in Hindi

Tags: Mustard Oil Price Fall Uttar Pradesh Bihar Latest Rate Edible Oil Price People breathed sigh relief due fall price mustard oil latest price

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