mustard oil price
Maize refined oil is also seen making its place among mustard, soybean, cottonseed and groundnut oils. During the last four-five years, the production of maize refined oil in the country has almost doubled.
Oil-oilseed businessman Pawan Gupta says that there is a shortage of goods in cottonseed oil this year. The usage of soybean oil has reduced slightly, while sunflower oil is now becoming expensive. In this context, the demand for maize refined oil has increased.
Arpit Gupta, another trader associated with maize refined oil and khal, says maize refined oil costs around Rs 140 a kg, while cottonseed oil costs Rs 148 a kg and groundnut oil costs Rs 160 a kg.
He says that while the major companies making snacks, sweets and other similar products used to use cottonseed and soybean oil, now they are using corn refined oil more. Like cottonseed and mustard, the maize khal comes directly from the expeller, which is in good demand. While there is seven per cent oil in the beanula khala, the maize khal contains 12 to 14 per cent oil content. Mecca khal has been described as very useful for animals. In this context, its demand has increased tremendously. Four years ago, in the country, where the production of maize refined oil was produced at 5,000 tons per month, now it has increased to eight to 10 thousand tons per month.
In view of this situation, it can be said that maize refined oil has also started making its place among mustard, soybean and groundnut oils.