Select edible oils up on millers, retailers buying support

Select edible oil prices rose up to Rs 30 per quintal wholesale oils and oilseeds market today on the back of sustained buying by vanaspati millers.

However, non-edible oils continued to trade in a narrow range in restricted buying activity and settled around previous levels.  

Traders said continued buying by vanaspati millers and retailers led to rise in select wholesale edible oil prices.

In the national capital, mustard expeller oil (Dadri) remained in demand and added Rs 20 to Rs 5,720 per quintal. Sesame and cottonseed mill delivery oils (Haryana) also moved up by Rs 30 and Rs 20 to Rs 6,200 and Rs 5,480 per quintal, respectively.

Following were today's quotations: 

Oilseeds: mustard seed 2,525-2,655 and Groundnut seed 2,100-2,850
Vanaspati ghee (15 litres tin) 1,065-1,140

Edible oils: Groundnut mill delivery (Gujarat) 8,380, groundnut Solvent refined (per tin) 1,425-1,435, Mustard Expeller (Dadri) 5,720, Mustard Pakki ghani (per tin) 745-900, Mustard kachi ghani (per tin) 900-1,000

Sunflower 6,300, Sesame mill delivery 6,200, soybean Refined mill delivery (Indore) 6,300, Soyabean degum (Kandla) 5,860, Crude Palm Oil (Ex-kandla) 5,200, Cottonseed mill delivery (Haryana) 5,480

Palmolein (RBD) Rs 5,820 Palmolein (Kandla) 5,520, Rice bran (phy) 3,750 and Coconut (per tin) 1,700-1,760

Non-edible oils: Linseed 4,600, Mahuwa 4,000, Castor 8,450-8,550, Neem 4,100-4,200, Rice bran 3,300-3,400 and palm fatty 3,225-3,300

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