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Groundnut, mustard oil rise on local demand

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Press Trust of India New Delhi
Prices of groundnut and mustard oil traded higher by Rs 50 per quintal on the wholesale oils and oilseeds market today on pick up in local demand.

However, other edible and non-edible oils after moving in a tight range in limited deals, settled around previous levels.

Traders attributed the rise in groundnut and mustard oil prices to pick up in local demand.

In the national capital, groundnut mill delivery (Gujarat) and mustard expeller (Dadri) oils traded higher by Rs 50 each to Rs 7,350 and Rs 7,050 per quintal respectively.

The following were today's quotations per quintal:

Oilseeds: Mustardseed 2,950-3,050 and Groundnut Seed 2,150-2,900.
 

Vanaspati Ghee (15-litre tin) 1,120-1,340.

Edible oils: Groundnut Mill Delivery (Gujarat) 7,350, Groundnut Solvent Refined (per tin) 1,900-1,950, Mustard expeller (Dadri) 7,050, Mustard Pakki Ghani (per tin) 1,290-1,370, Mustard Kachi Ghani (per tin) 1,375-1,475, Sunflower 6,300, Sesame Mill Delivery 10,000, Soybean Refined Mill Delivery (Indore) 7,450, Soyabean Degum (Kandla) 7,250, Crude Palm Oil (Ex-Kandla) 5,750, Cottonseed Mill Delivery (Haryana) 6,250, Palmolein (RBD) Rs 6,750, Palmolein (Kandla) 6,400, Rice Bran (phy) 3,800 and Coconut (per tin) 1,900-1,950.

Non-edible oils: Linseed 7,450, Mahuwa 4,000, Castor 9,400-9,500, Neem 5,300-5,400, Rice Bran 3,150-3,250 and Palm Fatty 3,200-3,300.

Oilcakes: Groundnut Dehusk 800-850, Sesame 950-1,150, Mustard (New) 1,000-1,025, Mustard 1,200-1,210 and Cottonseed 1,075-1,175.

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First Published: Apr 19 2014 | 3:11 PM IST

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