Nitish Sharma
Tribune News Service
Kurukshetra, May 28
Private players in the district have been buying sunflower seeds at a price more than the minimum support price (MSP). The MSP for sunflower is Rs 5,885 per quintal, but private players are offering more than Rs 6,200.
Till Thursday, private players had purchased around 32,000 quintals. The government purchase will begin on June 1. At the Shahabad grain market, Rakesh Kumar, who had sown sunflower on 10 acres, said: "I have received Rs 6,251 per quintal for my produce. Things were different earlier. Farmers used to urge government agencies in vain to buy the produce at MSP. Not this time. It augurs well for farmers."
Situation improving
I have received Rs 6,251 per quintal for my produce. Things were different earlier. Farmers used to urge government agencies in vain to buy the produce at MSP. Not this time. It augurs well for farmers. — Rakesh Kumar, farmer
Rs 5,885 per quintal MSP
Rs 6,200 Price by pvt players
Jasbir Singh, another farmer who had sown sunflower on 38 acres, said: "Farmers are happy as they are getting remunerative prices for their produce." He suggested to the state government to reduce imports and encourage farmers to increase the sunflower cultivation.
Ajay Kumar, a trader, said: "The country imports more than 60 per cent of its edible oils. The prices of edible oils have been rising, resulting in an increase in the prices of sunflower seeds. Government agencies is unlikely to get any stock as oil mills have been offering remunerative prices."
Raj Kumar, of NU-Chem Oils Private Limited, said: "The shortage of palm oil is the principal reason behind the increase in prices of edible oils. Any major uptrend from current levels is unlikely and the market may witness some correction in the coming weeks."
Krishan Kumar Malik, secretary, Shahabad grain market, said: "Sunflower seeds have fetched Rs 6,542 per quintal this year, while the average price has been more than Rs 6,200."
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