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Select edible oils rise on retailers demand

Press Trust of India  |  New Delhi 

Select edible prices rose by up to Rs 100 per at the wholesale oils and oilseeds market today due to pick up in demand from retailers.

However, linseed and castor oils in the non-edible section slipped due to reduced offtake by consuming industries.

Traders said uptick in demand from retailers against restricted arrivals from producing belts led to the rise in select edible prices.

In the national capital, sesame and cottonseed mill delivery (Haryana) oils rose by Rs 100 each to Rs 9,200 and Rs 7,100 per quintal, respectively.

Mustard expeller (Dadri) also edged up by Rs 50 to Rs 7,700 per

On the other hand, castor and linseed oils fell by Rs 100 each to Rs 7,100-7,200 and Rs 8,800 per quintal, respectively.

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 8,500, Groundnut Solvent Refined (per tin) Rs 1,700-1,800, Mustard expeller (Dadri) Rs 7,700, Mustard Pakki Ghani (per tin) Rs 1,275-1,320, Mustard Kachi Ghani (per tin) Rs 1,325-1,425, Sesame Mill delivery Rs 9,200, Soybean Refined Mill Delivery (Indore) Rs 7,700, Rs 7,300, Crude Palm Oil (Ex-Kandla) Rs 5,500, Cottonseed Mill Delivery (Haryana) Rs 7,100, Palmolein (RBD) Rs 7,200, Palmolein (Kandla) Rs 7,250 and Coconut (per tin) Rs 3,100-3,150.

Non-edible oils: Linseed Rs 8,800, Castor Rs 7,100-7,200, 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: Fri, May 18 2018. 14:30 IST
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