Edible oils up on festive demand

Select edible oil prices rose up to Rs 100 per quintal in the wholesale oils and oilseeds market today on fresh buying by vanaspati mills and retailers for the festival season amid a firming global trend.

Traders said fresh buying by vanaspati millers and retailers amid a firming trend overseas mainly pushed up select edible oil prices.

In the national capital, mustard expeller (Dadri) oil gained Rs 20 to Rs 5,870 per quintal and its mustard pakki and kachi ghani oils edged up by Rs 5 each to Rs 770-925 and Rs 925-1,025 per tin, respectively.

Soyabean refined mill delivery (Indore) and soyabean degum (kandla) oils rose by Rs 60 each to Rs 6,110 and Rs 5,810, respectively.

Likewise, crude palm oil (ex-kandla) traded higher by Rs 60 to Rs 5,260 per quintal.

Palmolein (rbd) and palmolein (kandla) oils also shot up by Rs 90 each to Rs 5,820 and Rs 5,570 per quintal, respectively.

Coconut oil moved up by Rs 100 to Rs 1,600-1,660 per tin.

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) 7,400, groundnut Solvent refined (per tin) 1,300-1,310, Mustard Expeller (Dadri) 5,870, 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) 6,110, Soyabean degum (Kandla) 5,810, Crude Palm Oil (Ex-kandla) 5,260, Cottonseed mill delivery (Haryana) 5,650, Palmolein (RBD)Rs 5,820, Palmolein (Kandla) 5,570, 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.