Select edible oils up on rising demand
Select edible oil prices firmed up by up to Rs 100 per quintal at the wholesale oils and oilseeds market today on the back of rising demand from vanaspati millers.
Castor oil, in the non-edible section, also strengthened due to increased offtake by consuming industries.
Traders said rising demand from vanaspati millers and retailers against restricted supplies from producing belts mainly led to rise in select edible oil prices.
In the national capital, groundnut mill delivery (Gujarat) oil advanced by Rs 100 to Rs 8,600 per quintal.
Groundnut solvent refined followed suit and traded higher by Rs
50 to 1,550-1,650 per tin.
Mustard expeller (Dadri) oil moved up by Rs 100 to Rs 7,900 per quintal. Mustard pakki and kachi ghani oils enquired higher by Rs 50 each to Rs 1,300-1,345 and Rs 1,350- 1,450 per tin respectively.
Palmolein (rbd) and palmolein (Kandla) oils went up by Rs 100 each to Rs 5,550 and Rs 5,600 per quintal respectively.
Soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils also edged higher by Rs 50 each to Rs 6,800 and Rs 6,400 per quintal, respectively.
Crude palm oil (ex-kandla) traded higher by Rs 50 to Rs 4,800 per quintal.
In the non-edible section, castor oil advanced by Rs 50 to Rs 9,150-9,250 per quintal.
Following are today's quotations (in Rs per quintal): Oilseeds: Mustard seed Rs 2,950-3,050 and Groundnut seed Rs 2,150-2,900. Vanaspati Ghee (15-litre tin) Rs 800-1,000.
Edible oils: Groundnut Mill Delivery (Gujarat) Rs 8,600, Groundnut Solvent Refined (per tin) Rs 1,550-1,650, Mustard expeller (Dadri) Rs 7,850, Mustard Pakki Ghani (per tin) Rs 1,300-1,345, Mustard Kachi Ghani (per tin) Rs 1,350-1,450, Sesame Mill delivery Rs 7,800, Soybean Refined Mill Delivery (Indore) Rs 6,800, Soybean Degum (Kandla) Rs 6,400, Crude Palm Oil (Ex-Kandla) Rs 4,800, Cottonseed Mill Delivery (Haryana) Rs 6,400, Palmolein (RBD) Rs 5,550, Palmolein (Kandla) Rs 5,600 and Coconut (per tin) Rs 2,050-2,100.
Non-edible oils: Linseed Rs 8,800, Castor Rs 9,150-9,250, Neem Rs 5,350-5,450.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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