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Groundnut oil remains up on rising demand

Press Trust of India  |  New Delhi 

prices spurted by Rs 200 per quintal at the wholesale oils and oilseeds market today on increased from retailers against tight supplies.

Movements in other edible oils were restricted in the absence of any worthwhile activity.

Castor in the non-edible section traded higher on an uptick in from consuming industries.

Traders said besides rising from retailers in view of festive season, tight stocks position on fall in supplies from growing regions mainly kept prices higher.

In the national capital, groundnut mill delivery (Gujarat) rose by Rs 200 to Rs 8,800 per quintal.

In the non-edible section, castor recovered by Rs 100 to Rs 9,100-9,200 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 8,800, Groundnut Solvent Refined (per tin) Rs 1,600-1,700, Mustard expeller (Dadri) Rs 8,000, Mustard Pakki Ghani (per tin) Rs 1,300-1,345, Mustard Kachi Ghani (per tin) Rs 1,350-1,450, Sesame Mill delivery Rs 7,700, Soybean Refined Mill Delivery (Indore) Rs 6,800, Soybean Degum (Kandla) Rs 6,400, Crude Palm (Ex-Kandla) Rs 4,850, Cottonseed Mill Delivey (Haryana) Rs 6,500, Palmolein (RBD) Rs 6,050, Palmolein (Kandla) Rs 6,100 and Coconut (per tin) Rs 2,050-2,100.

Non-edible oils: Linseed Rs 8,800, Castor Rs 9,100-9,200, Neem Rs 5,350-5,450.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Tue, October 10 2017. 14:28 IST