Palmoelin oil remains up on global cues

Palmolein oil prices rose by another Rs 20 per quintal on the wholesale oils and oilseeds market today on the back of pick up in vanaspati millers and retailers demand, amid firm global trends.

Traders said pick up in demand from millers, amid a firm global trend market, influenced select edible oil prices.

Meanwhile, palm oil futures prices for delivery in March gained 1.1 per cent to $1,150 a tonne on the Malaysia Derivatives Exchange.

In the national capital, palmolein (rbd) oil rose by Rs 20 to 5,960 per quintal.

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) 925-960.

Edible oils: Groundnut mill delivery (Gujarat) 7,350, groundnut Solvent refined (per tin) 1,425-1,435, Mustard Expeller (Dadri) 5,750, Mustard Pakki ghani (per tin) 770-925, Mustard kachi ghani (per tin) 925-1,025, Sunflower 6,300, Sesame mill delivery 6,200, soybean refined mill delivery (Indore) 6,070, Soyabean degum (Kandla) 5,680, Crude Palm Oil (Ex-kandla) 5,340, Cottonseed mill delivery (Haryana) 5,420, Palmolein (RBD) 5,960, Rice bran (phy) 3,750 and Coconut (per tin) 1,350-1,410.

Non-edible oils: Linseed 4,500, Mahuwa 4,000, Castor 8,500-8,600, Neem 4,000-4,100, 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) 1,000-1,025, Mustard 1,200-1,210 and Cottonseed 1,075-1,175.