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Groundnut oil recovers on fresh stockists' buying

Press Trust of India  |  New Delhi 

prices edged higher by Rs 100 per at the wholesale oils and oilseeds market today on fresh buying by stockists following uptick in demand.

However, other edible and non-edible oils moved in a narrow range in scattered deals and settled at the previous levels.

Traders said, stockists' buying following uptick in demand from retailers amid pause in arrivals from producing belts mainly led to a rise in prices.

In the national capital, mill delivery (Gujarat) edged up by Rs 100 to Rs 8,500 per

Following are today's quotations (in Rs per quintal):

Oilseeds: Mustard seed Rs 2,950-3,050 and seed Rs 2,150-2,900. Vanaspati Ghee (15-litre tin) Rs 800-1,000.

Edible oils: Mill Delivery (Gujarat) Rs 8,500, Solvent Refined (per tin) Rs 1,700-1,800, 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 8,900, Soybean Refined Mill Delivery (Indore) Rs 7,700, Rs 7,300, Crude Palm (Ex-Kandla) Rs 5,400, Cottonseed Mill Delivery (Haryana) Rs 7,000, Palmolein (RBD) Rs 7,050, Palmolein (Kandla) Rs 7,100 and Coconut (per tin) Rs 3,100-3,150.

Non-edible oils: Linseed Rs 9,100, Castor Rs 7,400-7,500, Neem Rs 5,350-5,450.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, April 16 2018. 14:45 IST
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