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Groundnut oil moves up retail demand

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Press Trust of India New Delhi
Barring a rise in groundnut oil prices on increased demand from retailers, rest of the edible oils remained steady at the wholesale oils and oilseeds market today.

In the non-edible section, neem oil also traded higher on increased industrial offtake.

Marketmen said increased demand from retailers amid lower arrivals from producing regions led to rise in groundnut oil prices.

In the national capital, groundnut mill delivery (Gujarat) oil rose by Rs 50 to Rs 7,600 per quintal.

In the non-edible section, neem oil also moved up by Rs 50 to Rs 5,350-5,450 per quintal.

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

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

Vanaspati Ghee (15-litre tin) 1,060-1,290.

Edible oils: Groundnut Mill Delivery (Gujarat) 7,600, Groundnut Solvent Refined (per tin) 1,275-1,350, Mustard expeller (Dadri) 6,950, Mustard Pakki Ghani (per tin) 1,200-1,250, Mustard Kachi Ghani (per tin) 1,250-1,350, sesame mill delivery 8,900, Soyabean Refined Mill Delivery (Indore) 7,000, Soyabean Degum (Kandla) 6,700, Crude Palm Oil (Ex-Kandla) 5,250, Cottonseed Mill Delivery (Haryana) 6,500, Palmolein (RBD) Rs 6,300, Palmolein (Kandla) 6,100 and Coconut (per tin) 2,600-2,680.

Non-edible oils: Linseed 7,750, Castor 9,600-9,700, Neem 5,350-5,450.

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First Published: Jul 09 2014 | 2:37 PM IST

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