Select edible oils up as demand picks up

Image
Press Trust of India New Delhi
Last Updated : Apr 06 2016 | 3:42 PM IST
Select edible oil prices firmed up by up to Rs 100 per quintal at the wholesale oils and oilseeds market today on pick up in demand from retailers.
However, non-edible oils held steady in thin trade.
Traders said rising demand from vanaspati millers and retailers amid restricted supplies from producing regions pushed up select edible oil prices.
In the national capital, palmolein (RBD) and palmolein (Kandla) oils rose by Rs 100 each to Rs 5,950 and Rs 5,900, while crude palm oil (ex-kandla) edged up by Rs 20 to Rs 4,300 per quintal respectively.
Soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils also moved up by Rs 50 each to Rs 6,800 and Rs 6,500 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 800-1,000.
Edible oils: Groundnut Mill Delivery (Gujarat) Rs 10,000, Groundnut Solvent Refined (per tin) Rs 1,700-1,800, Mustard expeller (Dadri) Rs 8,150, Mustard Pakki Ghani (per tin) Rs 1,250-1,300, Mustard Kachi Ghani (per tin) Rs 1,300-1,400, Sesame Mill delivery Rs 6,900, Soybean Refined Mill Delivery (Indore) Rs 6,800, Soybean Degum (Kandla) Rs 6,500, Crude Palm Oil (Ex-Kandla) Rs 4,300, Cotton seed Mill Delivery (Haryana) Rs 5,900, Palmolein (RBD) Rs 5,950, Palmolein (Kandla) Rs 5,900 and Coconut (per tin) Rs 1,700-1,750.
Non-edible oils: Linseed Rs 9,250, Castor Rs 9,550-9,650, Neem Rs 5,350-5,450.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Apr 06 2016 | 3:42 PM IST

Next Story