Mustard, crude palm oils up on uptick in demand

Mustard expeller and crude palmb oil prices were up by Rs 50 each per quintal at the wholesale oils and oilseeds market today on the back of pick up in demand from retailers and millers.
However, movements in other edible and non-edible oils remained restricted in the absence of worthwhile activity and settled at previous levels.
Traders said increased demand from vanaspati mills and vanaspati units, helped select edible oil prices to rise.
In the national capital, Mustard expeller (dadri) oil strengthened by Rs 50 to Rs 8800 per quintal. Mustard pakki ghani and kachi oils also rose by Rs 5 each to Rs 1,405-1,455 and Rs 1455-1555 per tin respectively.

Crude palm oil (ex-kandla) also showed some strength and traded higher at Rs 4450 per quintal as against prevous level of Rs 4,400.
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 13,200, Groundnut Solvent Refined (per tin) Rs 1,950-2,000, Mustard expeller (Dadri) Rs 8,800, 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 6,750, Soybean Degum (Kandla) Rs 6,450, Crude Palm Oil (Ex-Kandla) Rs 4,450, Cottonseed Mill Delivery (Haryana) Rs 6,500, Palmolein (RBD) Rs 5,800, Palmolein (Kandla) Rs 5,850 and Coconut (per tin) Rs 1,550-1,600.

Non-edible oils: Linseed Rs 9,700, Castor Rs 9,650-9,750, Neem Rs 5,350-5,450.