Palmolein, soyabean oils rise on scattered demand

Prices of palmolein and soyabean oils rose by Rs 50 per quintal at the wholesale oils and oilseeds market today following scattered demand from retailers.
In the non-edible section, castor oil also moved up on increased demand from consuming industries.
Marketmen attributed the rise in palmolein and soyabean oil prices to mild demand from retailers.
In the national capital, palmolein (rbd) and palmolein (Kandla) oils rose by Rs 50 each to Rs 6,250 and Rs 6,050, while crude palm oil (ex-kandla) traded higher by the same margin to Rs 5,300 per quintal, respectively.
Soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils followed suit and rose by a similar margin to Rs 6,950 and Rs 6,650 per quintal, respectively.

In the non-edible section, castor oil moved up by Rs 50 to Rs 9,650-9,750 per quintal.

Following are today's quotations (in Rs per quintal):
Oilseeds: Mustard seed 2,950-3,050 and Groundnut Seed 2,150-2,900.
Vanaspati Ghee (15-litre tin) 1,060-1,290.
Edible oils: Groundnut Mill Delivery (Gujarat) 7,600, Groundnut Solvent Refined (per tin) 1,300-1,375, Mustard expeller (Dadri) 7,100, Mustard Pakki Ghani (per tin) 1,225-1,275, Mustard Kachi Ghani (per tin) 1,275-1,375, sesame mill delivery 9,200, Soyabean Refined Mill Delivery (Indore) 6,950, Soyabean Degum (Kandla) 6,650, Crude Palm Oil (Ex-Kandla) 5,300, Cottonseed Mill Delivery (Haryana) 6,550, Palmolein (RBD) Rs 6,250, Palmolein (Kandla) 6,050 and Coconut (per tin) 2,600-2,650.

Non-edible oils: Linseed 7,750, Castor 9,650-9,750, Neem 5,350-5,450.