Select edible oils up on global cues

Select edible oil prices rose up to Rs 20 per quintal on the wholesale oils and oilseeds market today on fresh buying by vanaspati millers amid firming global trend.

However, non-edible oils remained flat in restricted trade activity.

Traders said fresh buying by vanaspati millers amid firming trend in Malaysia, mainly pushed up select wholesale edible oil prices.

Meanwhile, palm oil for January delivery added 1.4 per cent to $944 a metric tonne on the Malaysia Derivatives Exchange.

In the national capital, soyabean refined mill delivery (Indore) and soyabean degum (Delhi) gained Rs 20 and Rs 10 to Rs 5,250 and Rs 4,910, while palmolein traded higher by Rs 20 to Rs 5,150 per quintal.

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) 8,750, groundnut Solvent refined (per tin) 1,450-1,460, Mustard Expeller (Dadri) 5,370, Mustard Pakki ghani (per tin) 730-885, Mustard kachi ghani (per tin) 885-985, Sunflower 6,300

Sesame mill delivery 5,950, soybean Refined mill delivery (Indore) 5,250 Soyabean degum (Delhi) 4,910, Crude Palm Oil (Ex-kandla) 4,300, Cottonseed mill delivery (Haryana) 4,650, Palmolein (RBD) 5,150, Rice bran (phy) 3,750 and Coconut (per tin) 1,260-1,310

Non-edible oils: Linseed 4,200, Mahuwa 4,000, Castor 8,450-8,550, Neem 3,700-3,800, 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