Groundnut, palmolein oils up on uptick in demand

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Press Trust of India New Delhi
Last Updated : Jul 01 2017 | 2:22 PM IST
Prices of groundnut and palmolein oil rose by up to Rs 200 per quintal at the wholesale oils and oilseeds market today on 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 surge in demand from retailers mainly attributed the rise in groundnut oil and palmolein oil prices.
In the national capital, groundnut mill delivery (Gujarat) oil traded higher by Rs 200 to Rs 9,400 per quintal.
Palmolein (RBD) palmolein (Kandla) oils also edged up by Rs 50 each to Rs 5,350 and Rs 5,400 per quintal, respectively.
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 9,400, Groundnut Solvent Refined (per tin) Rs 1,800-1,900, Mustard expeller (Dadri) Rs 7,950, Mustard Pakki Ghani (per tin) Rs 1,250-1,295, Mustard Kachi Ghani (per tin) Rs 1,300-1,400, Sesame Mill delivery Rs 8,100, Soybean Refined Mill Delivery (Indore) Rs 6,500, Soybean Degum (Kandla) Rs 6,100, Crude Palm Oil (Ex-Kandla) Rs 4,700, Cottonseed Mill Delivery (Haryana) Rs 6,500, Palmolein (RBD) Rs 5,350, Palmolein (Kandla) Rs 5,400 and Coconut (per tin) Rs 2,050-2,100.
Non-edible oils: Linseed Rs 9,000, Castor Rs 8,950-9,050, Neem Rs 5,350-5,450.

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First Published: Jul 01 2017 | 2:22 PM IST

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