The Agriculture Department of Telangana on December 03, 2020 has issued a notification for the fixation of the prices of the Oil palm Fresh Fruit Bunches from November 01, 2020 to October 31, 2021.
The following formula has been provided for the fixation of prices:
• 14.05% of Net Crude Palm Oil (CPO) weighted average price (based on the actual, average OER of 18.682% recovered for the oil year 2019-20 by TSOILFED) plus 75.25% on 10% recovery of Palm Nuts weighted average price realized by (TSOILFED), for the period from November 01, 2020 to October 31, 2021.
[Notification No. G.O. Rt No. 612]
