Prices of palmolein and soyabean oils rose by Rs 50 per quintal at the wholesale oils and oilseeds market today on scattered demand from retailers.
Furthermore, castor oil in the non-edible section also recovered on increased offtake by consuming industries.
Traders attributed the rise in palmolein and soyabean oil prices to mild demand from retailers against restricted arrivals from producing belts.
In the national capital, palmolein (rbd) and palmolein (Kandla) oils hardened by Rs 50 each to Rs 6,750 and Rs 6,800 per quintal, respectively.
Soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils also enquired higher by a similar margin to Rs 7,700 and Rs 7,300 per quintal, respectively.
In the non-edible section, castor oil bounced back by Rs 100 to Rs 7,300-7,400 per quintal.
Following are today's quotations (in Rs per quintal):
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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