Mustard oil rises on local demand

In restricted activity, mustard oil traded Rs 50 per quintal higher in the wholesale oils and oilseeds market today on local demand.

Castor oil in the non-edible oil section, also showed strength on increased industrial offtake. Traders said pick up in local demand influenced the wholesale mustard oil prices.

In the edible section, mustard expeller (Dadri) oil gained Rs 50 to Rs 4,800 per quintal. Mustard pakki and kachi ghani oils also traded higher by Rs 5 each to Rs 665-820 and Rs 820-920 per tin of 15 litres.

Among the non-edible section, castor oil rose by Rs 50 to Rs 6,850-6,950 per quintal on increased industrial demand.

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) 7,100, groundnut Solvent refined (per tin) 1,160-1,170, Mustard Expeller (Dadri) 4,800, 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) 4,310, Crude Palm Oil (Ex-kandla) 3,720, Cottonseed mill delivery (Haryana) 4,050, Palmolein (RBD) 4,190, Rice bran (phy) 3,750 and Coconut (per tin) 960-990

Non-edible oils: Linseed 4,000, Mahuwa 4,000, Castor 6,850-6,950, 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