Select edible oils move up, hike in freight rates

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 9:23 PM IST

Traders said apart from pick up in demand from vanaspati units, rise in freight rates also influenced the prices.     
Cottonseed mill delivery oil prices went up by a whopping Rs 150 to close at Rs 6,150 a quintal while crude palm oil (ex-kandla) gained Rs 90 to Rs 5,220 a quintal on higher global advices.     

Soyabean degum Delhi and sesame mill delivery oils gained Rs 50 each to Rs 6,600 and Rs 6,750 a quintal respectively palmoline (rbd) oil lacked necessary buying support at higher level and lost Rs 50 to Rs 6,200 a quintal.     

Meanwhile, state-run MMTC Ltd has floated a tender to import 24,000 metric tons of refine, bleached and deodorised palmolein.

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First Published: Jun 09 2008 | 4:38 PM IST

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