Coconut oil rises on retailers demand

In restricted activity, coconut oil traded Rs 25 per tin higher on the wholesale oils and oilseeds market today, in line with firming trend at producing belts and pick up in local demand.

Elsewhere, other edible as well as non-edible oils traded in a narrow range in the absence of worthwhile activity, and settled around previous levels.

Marketmen said rise in coconut oil prices was mostly attributed to firming trend at producing belts amid pick up in local demand.
    
They said, however, activity remained restricted due to absence of demand from neighbouring states.
    
Coconut oil prices rose by Rs 25 to Rs 1,125-1,155 per tin of 15 litre.
    
Following are today's quotations in Rs per quintal:
    
Oilseeds: mustard seed 2,500-2,600 and groundnut seed 2,100-2,850.
    
Vanaspati ghee (15 litres tin) 750-860.
    
Edible oils: Groundnut mill delivery (Gujarat) 8,750, groundnut Solvent refined (per tin) 1,520-1,530, Mustard Expeller (Dadri) 5,270, Mustard Pakki ghani (per tin) 705-860, Mustard kachi ghani (per tin) 860-960, Sunflower 6,300, Sesame mill delivery 5,850, soybean Refined mill delivery (Indore) 4,900 Soyabean degum (Delhi) 4,700, Crude Palm Oil (Ex-kandla) 4,170, Cottonseed mill delivery (Haryana) 4,550, Palmolein (RBD) 4,880, Rice bran (phy) 3,750 and Coconut (per tin) 1,125-1,155.
    
Non-edible oils: Linseed 4,150, Mahuwa 4,000, Castor 7,900-8,000, Neem 3,800-3,900, Rice bran 3,300-3,400 and palm fatty 3,225-3,300.
    
Oilcakes: groundnut de-husk 800-850, sesame 950-1,150, Mustard (new) 1,025-1,050, Mustard 1,200-1,210 and Cottonseed 1,075-1,175.