Palmolein, crude palm oil rises

Palmolein and crude palm oil prices rose by Rs 10 per quintal on the wholesale oils and oilseeds market today on pick up in vanaspati millers demand amid firming global trend. 

Traders said increased buying by vanaspati millers due to the ongoing festive season amid a firm global trend, mainly led to a rise in palmolein and crude palm oil prices. 

Meanwhile, the  palm oil futures for January-delivery contract climbed 1.1 per cent to $1,000 a tonne, the highest level in intraday trading since July 28, 2008.

In the national capital, palmolein (rbd) and crude palm oil (ex-kandla) oils traded higher by Rs 10 each to Rs 5,250 and Rs 4,360 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) 815-910

Edible oils: Groundnut mill delivery (Gujarat) 8,500, groundnut Solvent refined (per tin) 1,410-1,420, Mustard Expeller (Dadri) 5,400, Mustard Pakki ghani (per tin) 735-890, Mustard kachi ghani (per tin) 890-990, Sunflower 6,300, Sesame mill delivery 5,900

soybean Refined mill delivery (Indore) 5,340, Soyabean degum (Delhi) 5,100, Crude Palm Oil (Ex-kandla) 4,360, Cottonseed mill delivery (Haryana) 4,720, Palmolein (RBD) 5,250, Rice bran (phy) 3,750 and Coconut (per tin) 1,200-1,260

Non-edible oils: Linseed 4,200, Mahuwa 4,000, Castor 8,400-8,500, Neem 3,700-3,800, 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