Edible oils show mixed trend

In mixed pattern of trading, soyabean and groundnut oil prices firmed up to Rs 150 per quintal on fresh buying by vanaspati millers, amid a firming global trend. 

However, other edible oils declined on lack of buying support against adequate stocks.

Buying activity in select edible oils picked up as palm oil advanced to the highest level in more than a week in global markets as lower prices lured some importers, and as rival soybean oil climbed on concerns that rain may threaten oilseeds ready for harvest in Brazil.

Meanwhile, palm oil for June delivery gained 1.3 per cent to $1,148 a tonne, the highest level since March 10.  

 

In the national capital, soyabean refined mill delivery (Indore) and soyabean degum (kandla) oils strengthened by Rs 30 each to Rs 6,140 and Rs 5,840 per quintal.

Groundnut mill delivery oil (Gujarat) also shot up by Rs 150 to Rs 7,550 per quintal. On the other hand, mustard expeller oil (Dadri) lost Rs 20 to Rs 5,850 per quintal.

Crude palm oil (ex-kandla), palmolein (rbd) and palmolein (kandla) were down at Rs 5,200, Rs 5,800 and Rs 5,500 against last close of Rs 5,260, Rs 5,820 and Rs 5,570 per quintal, respectively.

Following are today's quotations in Rs per quintal:

Oilseeds: mustard seed 2,525-2,655 and groundnut seed 2,100-2,850
Vanaspati ghee (15 litres tin) 1,065-1,140

Edible oils: Groundnut mill delivery (Gujarat) 7,550, groundnut solvent refined (per tin) 1,300-1,310, Mustard Expeller (Dadri) 5,850, Mustard Pakki ghani (per tin) 770-925, Mustard kachi ghani (per tin) 925-1,025, Sunflower 6,300, Sesame mill delivery 6,250

soybean Refined mill delivery (Indore) 6,140, Soyabean degum (Kandla) 5,840, Crude Palm Oil (Ex-kandla) 5,200, Cottonseed mill delivery (Haryana) 5,650, Palmolein (RBD)Rs 5,800 Palmolein (Kandla) 5,500, Rice bran (phy) 3,750 and Coconut (per tin) 1,600-1,660

Non-edible oils: Linseed 4,600, Mahuwa 4,000, Castor 8,650-8,750, Neem 4,000-4,100, Rice bran 3,300-3,400 and palm fatty 3,225-3,300

Oilcakes: groundnut dehusk 800-850, sesame 950-1,150, Mustard (new) 1,000-1,025, Mustard 1,200-1,210 and Cottonseed 1,075-1,175