Select edible oils recover on millers buying

Select edible oil prices firmed up at the wholesale oil and oilseed market during the week following a pickup in buying by vanaspati millers and retailers against restricted supplies from producing belts.
A few oils in the non-edible section also strengthened on increased offtake by consuming industries.
Traders said increased buying by vanaspati millers and retailers against restricted supplies from producing belts mainly led to the rise in the prices.
In the national capital, groundnut mill delivery (Gujarat) and cottonseed mill delivery (Haryana) oils recovered by Rs 50 each to Rs 8,750 and Rs 5,600 per quintal respectively.
Palmolein (RBD) and palmolein (Kandla) oils were also in good demand and rose by Rs 100 each to Rs 5,700 and Rs 5,600 per quintal, respectively.

Soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils inched up by Rs 50 each to Rs 6,700 and Rs 6,400 per quintal, respectively.
On the other hand, mustard expeller (Dadri) oil lacked buying support against adequate stocks position and ended lower by Rs 100 at Rs 6,950 per quintal, while sesame mill delivery oil held steady at Rs 8,000 per quintal throughout the week.
In the non-edible section, linseed oil edged higher by Rs 100 to Rs 8,400 per quintal on increased demand from paint industries, while castor oil gained Rs 50 to Rs 9,900-10,000 per quintal on increased industrial offtake.