Groundnut, mustard oils rise on pick up in demand

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Press Trust of India New Delhi
Last Updated : Mar 28 2017 | 2:48 PM IST
Prices of groundnut and mustard oils rose by up to Rs 100 per quintal at the wholesale oils and oilseeds market today, supported by rising demand from retailers.
However, non-edible oils held steady in thin trade.
Traders said upsurge in demand from retailers following beginning of auspicious "Navratras" festival mainly supported the upmove in groundnut and mustard oil prices.
In the national capital, groundnut mill delivery (Gujarat) oil advanced by Rs 100 to Rs 10,300 per quintal.
Mustard expeller (Dadri) oil also moved up by Rs 50 to Rs 8,450 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 800-1,000.
Edible oils: Groundnut Mill Delivery (Gujarat) Rs 10,300, Groundnut Solvent Refined (per tin) Rs 1,825-1,925, Mustard expeller (Dadri) Rs 8,450, Mustard Pakki Ghani (per tin) Rs 1,350-1,395, Mustard Kachi Ghani (per tin) Rs 1,400-1,500, Sesame Mill delivery Rs 8,200, Soybean Refined Mill Delivery (Indore) Rs 6,950, Soybean Degum (Kandla) Rs 6,650, Crude Palm Oil (Ex-Kandla) Rs 4,700, Cottonseed Mill Delivery (Haryana) Rs 6,650, Palmolein (RBD) Rs 5,750, Palmolein (Kandla) Rs 5,800 and Coconut (per tin) Rs 1,950-2,000.
Non-edible oils: Linseed Rs 9,800, Castor Rs 9,800-9,900, Neem Rs 5,350-5,450.

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First Published: Mar 28 2017 | 2:48 PM IST

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