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Edible oils rise on fresh millers' buying

Press Trust of India  |  New Delhi 

Edible prices firmed by up to Rs 200 per at the wholesale oils and oilseeds market today on pick up in demand by millers.

in the non-edible section also recovered on uptick in demand from consuming industries.

Traders said, increased buying by millers against restricted supplies from producing belts, mainly attributed the rise in edible prices.

In the national capital, mill delivery (Gujarat) and mustard expeller (Dadri) oils went up by Rs 100 and Rs 50 to Rs 9,500 and Rs 8,200 per quintal, respectively.

Cottonseed mill delivery (Haryana) and sesame mill delivery oils hardened by Rs 100 and Rs 200 to Rs 7,700 and Rs 10,200 per quintal, respectively.

Palmolein (rbd) and palmolein (Kandla) oils also finished higher by Rs 50 each to Rs 6,700 and Rs 6,750 per quintal, respectively.

Soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils, too, edged up by a similar margin to Rs 7,700 and Rs 7,300 per quintal, respectively.

In the non-edible section, traded higher by Rs 100 to Rs 7,400-7,500 per

Following are today's quotations (in Rs per quintal):

Oilseeds: Mustard seed Rs 2,950-3,050 and seed Rs 2,150-2,900, Ghee (15-litre tin) Rs 800-1,000.

Edible oils: mill delivery (Gujarat) Rs 9,500, Groundnut Solvent Refined (per tin)

Rs 1,780-1,880, Mustard expeller (Dadri) Rs 8,200, Mustard Pakki Ghani (per tin) Rs 1,295-1,340, Mustard Kachi Ghani (per tin) Rs 1,345-1,445, Sesame mill delivery Rs 10,200, Soybean Refined mill delivery (Indore) Rs 7,700, Rs 7,300, Crude Palm Oil (Ex-Kandla) Rs 5,500, Cottonseed mill delivery (Haryana) Rs 7,700, Palmolein (RBD) Rs 6,700, Palmolein (Kandla) Rs 6,750 and Coconut (per tin) Rs 3,100-3,150.

Non-edible oils: Linseed Rs 9,600, Castor Rs 7,400-7,500, Neem Rs 5,350-5,450.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, August 10 2018. 14:25 IST