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Groundnut, palmolein oil rise on stockists' buying

Press Trust of India  |  New Delhi 

Prices of and palmolein rose by Rs 200 per at the wholesale oils and oilseeds today on emergence of stockists' buying following improved demand from retailers.

in the non-edible section, also went up on increased offtake by consuming industries.

Traders said stockists buying, driven by pick-up in demand from retailers amid restricted supplies from producing belts mainly pushed up and prices.

In the national capital, mill delivery (Gujarat) rose by Rs 200 to Rs 8,800 per sovent refined followed suit and traded higher by Rs 25 to Rs 1,700-1,800 per tin.

Palmolein (RBD) and palmolein (Kandla) oils also traded higher by Rs 200 each to Rs 6,900 and Rs 6,950 per quintal, respectively.

Among non-edible, recovered by Rs 100 to Rs 7,700-7,800 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 8,800, Solvent Refined (per tin) Rs 1,700-1,800, Mustard expeller (Dadri) Rs 7,900, Mustard Pakki Ghani (per tin) Rs 1,300-1,345, Mustard Kachi Ghani (per tin) Rs 1,350-1,450, Sesame Mill delivery Rs 8,800, Soybean Refined Mill Delivery (Indore) Rs 7,850, Rs 7,450, Crude Palm (Ex-Kandla) Rs 5,400, Cottonseed Mill Delivery (Haryana) Rs 6,900, Palmolein (RBD) Rs 6,900, Palmolein (Kandla) Rs 6,950 and Coconut (per tin) Rs 3,100-3,150.

Non-edible oils: Linseed Rs 9,250, Castor Rs 7,700-7,800, 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: Thu, March 08 2018. 14:25 IST
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