Select edible oil moves up on retailers demand

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Press Trust of India New Delhi
Last Updated : Sep 16 2014 | 2:10 PM IST
Supported by pick up in retailers buying for the upcoming festive season, prices of select edible oil rose upto Rs 100 per quintal at the wholesale oils and oilseeds market today.
Linseed oil, in the non-edible section, also showed strength on increased offtake by paint makers and other consuming industries.
Traders said rising demand from retailers for the ensuing festive season mainly led to the rise in select edible oil prices.
Meanwhile, India's vegetable oil imports touched 13.33 lakh tonnes in August this year, highest in last two decades, on record shipment of soyabean oil, industry body SEA said.
In the national capital, Cottonseed mill delivery (Haryana) oil traded higher by Rs 100 to Rs 6,200 per quintal.
Groundnut mill delivery (Gujarat) and mustard expeller (Dadri) oils also moved up by Rs 100 and Rs 50 to Rs 7,400 and Rs 7,250 per quintal respectively.
In the non-edible segment, linseed oil edged up by Rs 50 to Rs 7,900 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) 1,000-1,200.
Edible oils: Groundnut Mill Delivery (Gujarat) 7,400, Groundnut Solvent Refined (per tin) 1,300-1,350, Mustard expeller (Dadri) 7,250, Mustard Pakki Ghani (per tin) 1,225- 1,275, Mustard Kachi Ghani (per tin) 1,275-1,375, sesame mill delivery 8,200, Soyabean Refined Mill Delivery (Indore) 6,350, Soyabean Degum (Kandla) 6,050, Crude Palm Oil (Ex-Kandla) 4,750, Cottonseed Mill Delivery (Haryana) 6,200, Palmolein (RBD) Rs 5,750, Palmolein (Kandla) 5,550 and Coconut (per tin) 2,700-2,775.
Non-edible oils: Linseed 7,900, Castor 9,600-9,700, Neem 5,350-5,450.
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First Published: Sep 16 2014 | 2:10 PM IST

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