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Groundnut oil rises on stockists' buying

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Press Trust of India New Delhi

Groundnut oil prices rose by Rs 100 per quintal in an otherwise steady wholesale oils and oilseeds market today on stockists' buying following pick-up in demand from retailers.

However, other edible and non-edible oils moved in a narrow on alternate bouts of trading and pegged at the last levels.

Traders said, stockists' buying following pick-up in demand from retailers, mainly attributed to the rise in groundnut oil prices.

In the national capital, groundnut mill delivery (Gujarat) oil went up by Rs 100 to Rs 8,600 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 8,600, Groundnut Solvent Refined (per tin) Rs 1,700-1,800, Mustard expeller (Dadri) Rs 7,800, Mustard Pakki Ghani (per tin) Rs 1,300-1,345, Mustard Kachi Ghani (per tin) Rs 1,350-1,450, Sesame Mill delivery

Rs 8,900, Soybean Refined Mill Delivery (Indore) Rs 7,700, Soybean Degum (Kandla) Rs 7,300, Crude Palm Oil (Ex-Kandla) Rs 5,400, Cottonseed Mill Delivery (Haryana) Rs 7,000, Palmolein (RBD) Rs 7,050, Palmolein (Kandla) Rs 7,100 and Coconut (per tin) Rs 3,100-3,150.

Non-edible oils: Linseed Rs 9,000, Castor Rs 7,300-7,400, Neem Rs 5,350-5,450.

Disclaimer: No Business Standard Journalist was involved in creation of this content

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First Published: Apr 18 2018 | 2:40 PM IST

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