The wholesale oil and oilseeds market ended on a mixed note during the week with prices of select edible oils edged up on increased demand from retailers, while a few others remained weak on adequate stocks position.
Castor oil in the non-edible section, eased on reduced offtake by consuming industries.
Traders said increased demand from retailers, mainly led to rise in select edible oil prices but adequate stocks position on increased arrivals from producing belts kept pressure on other.
In the national capital, palmolein (RBD) and palmolein (Kandla) oils rose by Rs 50 each to Rs 6,050 and Rs 6,100 per quintal respectively.
Soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils also ended higher by a similar margin to Rs 7,050 and Rs 6,650 per quintal respectively.
On the other hand, mustard expeller (Dadri) and cottonseed mill delivery (Haryana) oils drifted lower by Rs 100 and Rs 50 to Rs 7,950 and Rs 6,350 per quintal respectively.
In the non-edible section, castor oil fell by Rs 200 to Rs 8,900-9,000 per quintal.(MORE)
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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