In a week marked by a downturn in global markets, all major edible oil and oilseed prices saw a decline, continuing the negative trend. Price trends in edible oils In the reviewed week, the prices of mustard seeds saw a drop of Rs 125 per quintal, closing at Rs 6,525–Rs 6,575 per quintal. Soybean seeds and soybean loose oil also …
Many sugar mills in Maharashtra are shifting their business towards the production of ethanol due to high demand from the oil industry and more returns. Shekhar Gaikwad, sugar commissioner of state, said, “There is more demand from oil industries for ethanol blending but existing mills are not able to provide the required supply. We are following the Brazil model, as …