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Groundnut oil up on rising demand

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Press Trust of India New Delhi
Last Updated : Mar 31 2017 | 2:13 PM IST
Groundnut oil prices rose by Rs 100 per quintal in an otherwise steady wholesale oils and oilseeds market today on pick-up in demand from retailers.
Castor oil in the non-edible section, also showed some strength on increased offtake by consuming industries.
Traders said uptick in demand from retailers mainly lifted groundnut oil prices.
In the national capital, groundnut mill delivery (Gujarat) oil went up by Rs 100 to Rs 10,400 per quintal.
Among non-edible, castor oil also traded higher by Rs 50 to Rs 9,850-9,950 per quintal.
Following are today's quotations (in Rs per quintal):

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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 10,400,Groundnut Solvent Refined (per tin) Rs 1,825-1,925, Mustard expeller (Dadri) Rs 8,350, Mustard Pakki Ghani (per tin) Rs 1,300-1,345, Mustard Kachi Ghani (per tin) Rs 1,350-1,450,Sesame Mill delivery Rs 8,200, Soybean Refined Mill Delivery (Indore) Rs 6,850, Soybean Degum (Kandla) Rs 6,550, Crude Palm Oil (Ex-Kandla) Rs 4,700, Cottonseed Mill Delivery (Haryana) Rs 6,600, Palmolein (RBD) Rs 5,650, Palmolein (Kandla) Rs 5,700 and Coconut (per tin) Rs 1,950-2,000.
Non-edible oils: Linseed Rs 9,800, Castor Rs 9,850-9,950, Neem Rs 5,350-5,450.

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First Published: Mar 31 2017 | 2:13 PM IST

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