Palmolein, mustard oils up on retailers' demand

Image
Press Trust of India New Delhi
Last Updated : Jun 26 2018 | 3:05 PM IST

Prices of Palmolein and mustard oils edged higher by Rs 50 per quintal at the wholesale oils and oilseeds market today on pick-up in demand.

However, castor oil in the non-edible section, drifted down on reduced offtake by consuming industries.

Traders attributed the rise in palmolein and mustard oil prices to upsurge in demand from retailers.

In the national capital, palmolein (RBD) and palmolein (Kandla) oils were up by Rs 50 each to Rs 7,100 and Rs 7,150 per quintal, respectively.

Mustard expeller (Dadri) oil also traded higher by a similar margin to Rs 7,650 per quintal.

On the other hand, castor oil in the non-edible section, however, traded lower by Rs 200 to Rs 6,900-7,000 per quintal.

Following are today's quotations (in Rs per quintal):

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 26 2018 | 3:05 PM IST

Next Story