Palmolein, soyabean oils rise on buying by millers

Palmolein and soyabean oil prices moved up by Rs 50 per quintal in lacklustre trade at wholesale oils and oilseeds market on increased buying by vanaspati millers and retailers.
However, other edible and non-edible oils continued to trade at previous levels in limited deals and settled around previous levels.
Traders said increased buying by vanaspati millers and retailers and reports of a firming global trend mainly led to the rise in palmolein and soyabean oil prices.
In the national capital, palmolein (rbd) and palmolein (Kandla) oils moved up by Rs 50 each to Rs 5,750 and Rs 5,600 per quintal, respectively.

Soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils also edged up by a similar margin to Rs 6,750 and Rs 6,450 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 930-1,070.
Edible oils: Groundnut Mill Delivery (Gujarat) Rs 8,550, Groundnut Solvent Refined (per tin) Rs 1,400-1,450, Mustard expeller (Dadri) Rs 7,700, Mustard Pakki Ghani (per tin) Rs 1,250-1,300, Mustard Kachi Ghani (per tin) Rs 1,300-1,400, sesame mill delivery Rs 7,400, Soyabean Refined Mill Delivery (Indore) Rs 6,750, Soyabean Degum (Kandla) Rs 6,450, Crude Palm Oil (Ex-Kandla) Rs 4,200, Cottonseed Mill Delivery (Haryana) Rs 5,800, Palmolein (RBD) Rs 5,750, Palmolein (Kandla) Rs 5,600 and Coconut (per tin) Rs 2,350-2,400.

Non-edible oils: Linseed Rs 8,400, Castor Rs 9,700-9,800, Neem Rs 5,350-5,450.