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Mustard, cottonseed oils gain on scattered buying

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Press Trust of India New Delhi
Prices of mustard and cottonseed oils rose by Rs 50 per quintal at the wholesale oils and oilseeds market today on scattered buying by retailers.

In the non-edible section, castor oil also showed some strength on increased offtake by consuming industries.

Traders said some buying support from retailers mainly led to the rise in mustard and cottonseed oil prices.

In the national capital, mustard expeller (Dadri) and cottonseed mill delivery (Haryana) oils moved up by Rs 50 each to Rs 7,100 and Rs 5,850 per quintal, respectively.

In the non-edible section, castor oil rose by Rs 50 to Rs 9,550-9,650 per quintal on increased offtake by consuming industries.
 

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) 960-1,130.

Edible oils: Groundnut Mill Delivery (Gujarat) 7,850, Groundnut Solvent Refined (per tin) 1,350-1,400, Mustard expeller (Dadri) 7,100, Mustard Pakki Ghani (per tin) 1,200- 1,250, Mustard Kachi Ghani (per tin) 1,250-1,350, sesame mill delivery 8,000, Soyabean Refined Mill Delivery (Indore) 6,500, Soyabean Degum (Kandla) 6,200, Crude Palm Oil (Ex-Kandla) 4,400, Cottonseed Mill Delivery (Haryana) 5,850, Palmolein (RBD) 5,650, Palmolein (Kandla) 5,450 and Coconut (per tin) 2,550-2,575.

Non-edible oils: Linseed 8,150, Castor 9,550-9,650, Neem 5,350-5,450.

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First Published: Dec 04 2014 | 2:40 PM IST

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