Edible oil prices firmed up by up to Rs 100 per quintal at the wholesale oils and oilseeds market today on increased buying by vanaspati mills to meet rising demand from retailers against restricted supplies from producing belts.
Linseed oil, in the non-edible section, also edged up on scattered enquiries from paint industries.
Traders said increased buying by vanaspati mill to meet rising demand from retailers mainly influenced edible oil prices.
Besides, restricted supplies from producing belts supported the upside in prices, they added.
In the national capital, groundnut mill delivery (Gujarat) oil advanced by Rs 100 to Rs 12,100 per quintal.
Mustard expeller (Dadri) and cottonseed mill delivery (Haryana) oils rose by Rs 100 each to Rs 8,300 and Rs 6,300 per quintal respectively.
Palmolein (rbd) and palmolein (Kandla) oils also went up by Rs 50 each to Rs 5,750 and Rs 5,800, while crude palm oil (ex-kandla) traded higher by a similar margin to Rs 4,400 per quintal respectively.
Soybean refined mill delivery (Indore) and soybean degum (Kandla) too finished higher by Rs 50 each to Rs 6,750 and Rs 6,450 per quintal respectively.
In the non-edible segment, linseed oil found scattered buying support from paint industries and traded higher by Rs 50 to Rs 9,750 per quintal.
Following are today's quotations (in Rs per quintal):
Oilseeds: Mustard seed Rs 2,950-3,050 and Groundnut seed Rs 2,150-2,900. Vanaspati Ghee (15-litre tin) Rs 800-1,000.
Edible oils: Groundnut Mill Delivery (Gujarat) Rs 12,100, Groundnut Solvent Refined (per tin) Rs 1,910-1,960, Mustard expeller (Dadri) Rs 8,300, Mustard Pakki Ghani (per tin) Rs 1,300-1,350, Mustard Kachi Ghani (per tin) Rs 1,350-1,450, Sesame Mill delivery Rs 7,700, Soybean Refined Mill Delivery (Indore) Rs 6,750, Soybean Degum (Kandla) Rs 6,450, Crude Palm Oil (Ex-Kandla) Rs 4,400, Cottonseed Mill Delivery (Haryana) Rs 6,300, Palmolein (RBD) Rs 5,750, Palmolein (Kandla) Rs 5,800 and Coconut (per tin) Rs 1,550-1,600.
Non-edible oils: Linseed Rs 9,750, Castor Rs 9,450-9,550, Neem Rs 5,350-5,450.
