Groundnut, Cottonseed oils up in mixed trend

In a mixed pattern of trading, groundnut and cottonseed oil prices firmed up on the back of pick up in demand from retailers, while a few others remained down on adequate stocks position at the wholesale oils and oilseeds market during the week.
However, non-edible oils continued to move in a narrow range in scattered demand from consuming industries and settled around previous levels.
Markets remained closed on Tuesday on account of "Maha Shivratri".
Traders said besides pick up in demand from retailers in view of ongoing wedding season, restricted arrivals from producing belts mainly led to the rise in groundnut and cottonseed oil prices.

They said, however, adequate stocks position against lack of demand, kept other prices lower.
In the national capital, groundnut mill delivery oil (Gujarat) remained in demand and shot up by Rs 100 to Rs 8,450 per quintal, groundnut solvent refined held steady at Rs 1,400-1,450 per tin on some support.

Cottonseed mill delivery (Haryana) oil also seen in demand and moved up by Rs 100 to Rs 5,900 per quintal.
On the other hand, soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils declined by Rs 50 each to Rs 6,750 and Rs 6,450 per quintal respectively.
Palmolein (RBD) Palmolein (Kandla) oils also traded lower by a similar margin to Rs 5,800 and Rs 5,650 per quintal respectively.

In the non-edible section, linseed and castor oils moved in a tight range in the absence of wortwhile activity and settled at last levels of Rs 8,400 and Rs 9,700-9,800 per quintal respectively.