Cottonseed, crude palm oil up on pick up in demand

Prices of cottonseed and crude palm oil rose up to Rs 50 per quintal at the wholesale oils and oilseeds market today due to pick up in demand from retailers.
However, castor oil in the non-edible section, eased on reduced offtake by consuming industries.
Traders said pick up in demand from retailers mainly attributed the rise in cottonseed and crude palm oil prices.
Meanwhile, India's soyabean oil imports have touched an all-time high of 4.06 lakh tonnes (LT) in August and the total inward shipment of vegetable oil in the same month has increased by 3 per cent to 13.74 LT.

In the national capital, cottonseed mill delivery (Haryana) oil edged up by Rs 20 to Rs 5,750 per quintal.
Crude palm oil (ex-kandla) also moved up by Rs 50 to Rs 4,200 per quintal.

On the other hand, in the non-edible section, castor oil shed Rs 50 at Rs 9,800-9,900 per quintal.
Following are today's quotations (in Rs per quintal):
Oilseeds: Mustard seed Rs 2,950-3,050 and groundnut seed Rs 2,150-2,900. Vanaspati Ghee (15-litre tin) Rs 850-1,065.
Edible oils: Groundnut Mill Delivery (Gujarat) Rs 8,950, Groundnut Solvent Refined (per tin) Rs 1,675-1,725, Mustard expeller (Dadri) Rs 7,650, Mustard Pakki Ghani (per tin) Rs 1,300-1,350, Mustard Kachi Ghani (per tin) Rs 1,350-1,450, sesame mill delivery Rs 7,900, Soyabean Refined Mill Delivery (Indore) Rs 6,500, Soyabean Degum (Kandla) Rs 6,200, Crude Palm Oil (Ex-Kandla) Rs 4,200, Cottonseed Mill Delivery (Haryana) Rs 5,750, Palmolein (RBD) Rs 5,450, Palmolein (Kandla) Rs 5,350 and Coconut (per tin) Rs 2,050-2,100.

Non-edible oils: Linseed Rs 8,500, Castor Rs 9,800-9,900, Neem Rs 5,350-5,450.