Select edible oils up in mixed trade

Mixed conditions prevailed at the wholesale oils and oilseeds market during the week as select edible oils strengthened on the back of increased buying by vanaspati millers and retailers while a few others turned weak on higher supplies.
In the non-edible segment, castor and linseed oils were in better form on increased offtake by consuming industries.
Traders said sustained buying by vanaspati millers and retailers mainly strengthened select edible oil prices.
They said, however, adequate stocks position against sluggish demand at prevailing levels kept pressure on other edible oil prices.
In the national capital, groundnut mill delivery (Gujarat) oil rose by Rs 50 to Rs 7,450 per quintal, while groundnut solvent refined after moving in a tight range on scattered support, closed steady at Rs 1,275-1,350 per tin.

Soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils advanced by Rs 50 each to Rs 7,000 and Rs 6,700 per quintal, respectively.

Palmolein (rbd) and palmolein (Kandla) oils also added another Rs 50 each to Rs 6,300 and Rs 6,100 per quintal, respectively.
On the other hand, mustard expeller (Dadri) oil met with resistance and shed Rs 50 at Rs 6,750 per quintal.
Mustard pakki and kachi ghani oils ruled steady at Rs 1,200-1,250 and Rs 1,250-1,350 per tin, respectively.
Cottonseed mill delivery (Haryana) oil also traded lower by Rs 50 to Rs 6,350 per quintal.
In the non-edible section, castor and neem oils gained Rs 50 each to Rs 9,500-9,600 and Rs 7,750 per quintal respectively on increased demand from consuming industries.