Mustard oil rises on local buying

In restricted activity, mustard oil gained by Rs 20 per quintal in the wholesale oils and oilseeds market today on local buying. Castor and neem oils in the non-edible section also moved up on increased industrial offtake.

Marketmen said increased buying by local parties, influenced the mustard oil prices. In the edible section, mustard expeller oil (Dadri) gained Rs 20 to 4,920 per quintal.

In the non-edible section, castor and neem oils also rose by Rs 100 and Rs 50 to Rs 7,200-7,300 and Rs 3,700-3,800 per quintal, respectively. 

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) 7,500, groundnut Solvent refined (per tin) 1,250-1,260, Mustard Expeller (Dadri) 4,920, Mustard Pakki ghani (per tin) 685-840, Mustard kachi ghani (per tin) 840-940, Sunflower 6,300, Sesame mill delivery 5,850

Soybean Refined mill delivery (Indore) 4,400 Soyabean degum (Delhi) 4,300, Crude Palm Oil (Ex-kandla) 3,640, Cottonseed mill delivery (Haryana) 4,150, Palmolein (RBD) 4,120, Rice bran (phy) 3,750 and Coconut (per tin) 1,020-1,050

Non-edible oils: Linseed 4,000, Mahuwa 4,000, Castor 7,200-7,300, Neem 3,700-3,800, 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