Groundnut oil rises on stockists buying

In restricted activity, groundnut oil prices firmed up by Rs 200 per quintal at the wholesale oils and oilseeds market today on brisk buying by stockists following pick up in demand from retailers.
However, other edible and non-edible oils moved in a narrow range in limited deals and pegged at last levels.
Traders said stockists buying on the back of uptick in demand from retailers against restricted supplies from producing belts mainly pushed up the groundnut oil prices.
In the national capital, groundnut mill delivery (Gujarat) oil shot up by Rs 200 to Rs 13,800 per quintal. Groundnut solvent refined also edged up by Rs 10 to Rs 1,980-2,030 per tin.

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 13,800, Groundnut Solvent Refined (per tin) Rs 1,980-2,030, Mustard expeller (Dadri) Rs 8,700, Mustard Pakki Ghani (per tin) Rs 1,405-1,4550, Mustard Kachi Ghani (per tin) Rs 1,455-1,555, Sesame Mill delivery Rs 7,700, Soybean Refined Mill Delivery (Indore) Rs 6,850, Soybean Degum (Kandla) Rs 6,550, Crude Palm Oil (Ex-Kandla) Rs 4,500, Cottonseed Mill Delivery (Haryana) Rs 6,400, Palmolein (RBD) Rs 6,000, Palmolein (Kandla) Rs 6,050 and Coconut (per tin) Rs 1,550-1,600.

Non-edible oils: Linseed Rs 9,700, Castor Rs 9,800-9,900, Neem Rs 5,350-5,450.