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Groundnut oil rises on Vanaspati millers' buying

Press Trust of India  |  New Delhi 

prices firmed up by Rs 200 per at the wholesale oils and oilseeds market today on increased offtake by millers.

However, in the non-edible section, remained weak on easing demand from consuming industries.

Traders said, pick up in buying by millers following uptick in demand from retailers against restricted supplies from growing regions, mainly pushed up prices.

In the national capital, mill delivery (Gujarat) oil shot up by Rs 200 to Rs 9,400 per Groundnut solvent refined followed suit and edged up by Rs 10 to Rs 1,780-1,880 per tin.

On the other hand, in the non-edible section, drifted further down by Rs 200 to Rs 7,300-7,400 per

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, Ghee (15-litre tin) Rs 800-1,000.

Edible oils: Groundnut mill delivery (Gujarat) Rs 9,400, Groundnut Solvent Refined (per tin) Rs 1,780-1,880, Mustard expeller (Dadri) Rs 8,150, Mustard Pakki Ghani (per tin) Rs 1,295-1,340, Mustard Kachi Ghani (per tin) Rs 1,345-1,445, Sesame mill delivery Rs 10,000, Soybean Refined mill delivery (Indore) Rs 7,650, Soybean Degum (Kandla) Rs 7,250, Crude Palm Oil (Ex-Kandla) Rs 5,500, Cottonseed mill delivery (Haryana) Rs 7,600, Palmolein (RBD) Rs 6,650, Palmolein (Kandla) Rs 6,700 and Coconut (per tin) Rs 3,100-3,150.

Non-edible oils: Linseed Rs 9,600, Castor Rs 7,300-7,400, 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: Wed, August 08 2018. 14:30 IST
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