Palmolein, crude palm oils up on fresh buying support

Palmolein and crude palm oil prices rose up to Rs 20 per quintal on the wholesale oils and oilseeds market today on fresh buying support by vanaspati millers, to encash on the ongoing marriage season demand amid firm trends in global markets.

Elsewhere, other edible and non-edible oil prices moved in a narrow range on alternate bouts of trading and settled around previous levels.

Meanwhile, palm oil futures for March-delivery gained 1.7 per cent to $1,131 a metric tonne on the Malaysia Derivatives Exchange. 

In the national capital, palmolein (rbd) oils rose by Rs 20 to Rs 5,920, while crude palm oil (ex-kandla) gained Rs 10 to Rs 5,320 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) 5,720, Mustard Pakki ghani (per tin) 765-920, Mustard kachi ghani (per tin) 920-1,020, 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) 5,320, Cottonseed mill delivery (Haryana) 5,420, Palmolein (RBD) 5,920, Rice bran (phy) 3,750 and Coconut (per tin) 1,300-1,360

Non-edible oils: Linseed 4,500, Mahuwa 4,000, Castor 8,450-8,550, Neem 3,950-4,050, 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