Groundnut oil rises on mills buying

In restricted activity, groundnut oil prices rose Rs 150 per quintal in the wholesale oils and oilseeds market today on fresh buying by vanaspati millers coupled with higher advices from Gujarat.

Elsewhere, prices generally moved in a limited range on alternate bouts of trading, ended at previous levels. Traders said fresh buying by vanaspati millers on high demand amid higher advices from Gujarat mainly led to a rise in wholesale groundnut oil prices.

In the edible section, groundnut mill delivery oil (Gujarat) jumped up by Rs 150 to Rs 7,250 per quintal, while groundnut solvent refined gained Rs 20 to Rs 1,180-1,190 per tin of 15 litres.

Following are today's quotations in Rs per quintal:
Oilseeds: mustard seed 2,500-2,600 and groundnut seed 2,100-2,850
Vanaspati ghee (15 litres tin) 720-830

Edible oils: Groundnut mill delivery (Gujarat) 7,250, groundnut Solvent refined (per tin) 1,180-1,190, Mustard Expeller (Dadri) 4,770, Mustard Pakki ghani (per tin) 665-820, Mustard kachi ghani (per tin) 820-920, Sunflower 6,300, Sesame mill delivery 5,800

Soybean Refined mill delivery (Indore) 4,420 Soyabean degum (Delhi) 4,320, Crude Palm Oil (Ex-kandla) 3,720, Cottonseed mill delivery (Haryana) 4,020, Palmolein (RBD) 4,180, Rice bran (phy) 3,750 and Coconut (per tin) 960-990

Non-edible oils: Linseed 3,950, Mahuwa 4,000, Castor 6,950-7,050, Neem 3,600-3,700, Rice bran 3,200-3,300 and palm fatty 3,225-3,300

Oilcakes: groundnut de-husk 800-850, sesame 950-1,150, Mustard (new) 1,025-1,050, Mustard 1,200-1,210 and Cottonseed 1,075-1,175