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Mustard, cottonseed oils strengthen on sustained buying

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

Linseed oil in the non-edible section also showed strength on the back of rise in demand from consuming industries.

Marketmen said sustained buying from retailers mainly strengthened mustard and cottonseed oil prices.

In the national capital, mustard expeller (Dadri) and cottonseed mill delivery (Haryana) oils rose further by Rs 50 each to Rs 7,300 and Rs 6,300 per quintal, respectively.

In the non-edible section, linseed oil gained Rs 50 to Rs 7,250 per quintal.

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) 1,160-1,290.

Edible oils: Groundnut Mill Delivery (Gujarat) 8,000, Groundnut Solvent Refined (per tin) 1,950-2,000, Mustard expeller (Dadri) 7,300, Mustard Pakki Ghani (per tin) 1,280-1,360, Mustard Kachi Ghani (per tin) 1,365-1,465, Sunflower 6,300, Sesame Mill Delivery 11,500, Soybean Refined Mill Delivery (Indore) 7,000, Soyabean Degum (Kandla) 6,700, Crude Palm Oil (Ex-Kandla) 5,200, Cottonseed Mill Delivery (Haryana) 6,300, Palmolein (RBD) Rs 6,100, Palmolein (Kandla) 5,700, Rice Bran (phy) 3,800 and Coconut (per tin) 1,380-1,430.

Non-edible oils: Linseed 7,250, Mahuwa 4,000, Castor 9,350-9,450, Neem 5,250-5,350, Rice Bran 3,170-3,270 and Palm Fatty 3,225-3,300.

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: Jan 17 2014 | 2:41 PM IST

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