Select edible oils up on fresh buying

Select edible oil prices rose up to Rs 25 per quintal in the oils and oilseeds market today on fresh buying by vanaspati millers to meet the upcoming festive and marriage season demand. 

Firming trend in overseas market also influenced the trading sentiment. 

Traders said fresh buying by vanaspati millers ahead of festival and marriage season amid firming global trend pushed up the select wholesale edible oil prices.

Meanwhile, palm oil futures for December-delivery rose 0.9 per cent to $890 a metric tonne on the Malaysia Derivatives Exchange, the highest since September 27.

In the national capital, soyabean refined mill delivery (Indore) and soyabean deggum (Delhi) were up by Rs 20 and Rs 10 to Rs 4,760 and Rs 4,560, while palmolein (rbd) gained Rs 20 to Rs 4,870 per quintal. 

Coconut oil also seen in demand and advanced by Rs 25 to Rs 1,250-1,300 per tin of 15 litres.

Following are today's quotations in Rs per quintal:

Oilseeds: mustard seed 2,525-2,655 and groundnut seed 2,100-2,850
Vanaspati ghee (15 litres tin) 815-910

Edible oils: Groundnut mill delivery (Gujarat) 8,250, groundnut Solvent refined (per tin) 1,400-1,410, Mustard Expeller (Dadri) 5,280, Mustard Pakki ghani (per tin) 720-875, Mustard kachi ghani (per tin) 875-975

Sunflower 6,300, Sesame mill delivery 5,850, soybean Refined mill delivery (Indore) 4,760 Soyabean degum (Delhi) 4,560, Crude Palm Oil (Ex-kandla) 4,050, Cottonseed mill delivery (Haryana) 4,500, Palmolein (RBD) 4,870, Rice bran (phy) 3,750 and Coconut (per tin) 1,250-1,300

Non-edible oils: Linseed 4,100, Mahuwa 4,000, Castor 8,550-8,650, Neem 3,750-3,850, Rice bran 3,300-3,400 and palm fatty 3,225-3,300

Oilcakes: groundnut de-husk 800-850, sesame 950-1,150, Mustard (new) 1,000---1,025, Mustard 1,200-1,210 and Cottonseed 1,075-1,175