Groundnut oil rises on increased offtake

Barring a rise in groundnut oil prices on increased offtake by stockists following renewed demand from retailers, other edible oils held steady at the wholesale oils and oilseeds market today on scattered support.
Linseed oil in the non-edible section, also showed some strength on increased demand from consuming industries.
Traders said renewed demand from retailers against restricted supplies from producing regions mainly helped groundnut oil prices to rise.
In the national capital, groundnut mill delivery (Gujarat) oil traded higher by Rs 100 to Rs 9,100 per quintal.
Groundnut solvent refined followed suit and edged up by Rs 10 to Rs 1,700-1,750 per tin.

Among non-edible oils, linseed traded higher by Rs 50 to Rs 9,050 per quintal on increased demand from paint industries.

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 9,100, Groundnut Solvent Refined (per tin) Rs 1,700-1,750, Mustard expeller (Dadri) Rs 8,900, Mustard Pakki Ghani (per tin) Rs 1,530-1,580, Mustard Kachi Ghani (per tin) Rs 1,580-1,680, Sesame Mill delivery Rs 7,800, Soyabean Refined Mill Delivery (Indore) Rs 6,550, Soyabean Degum (Kandla) Rs 6,250, Crude Palm Oil (Ex-Kandla) Rs 4,150, Cottonseed Mill Delivery (Haryana) Rs 5,900, Palmolein (RBD) Rs 5,400, Palmolein (Kandla) Rs 5,350 and Coconut (per tin) Rs 1,950-2,000.

Non-edible oils: Linseed Rs 9,050, Castor Rs 9,750-9,850, Neem Rs 5,350-5,450.