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Palmolein edges higher on scattered demand

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Press Trust of India New Delhi
Palmolein oil prices traded higher by Rs 50 per quintal in restricted activity at the wholesale oils and oilseeds market today on the back of mild demand.

However, other edible and non-edible oils moved in a narrow range in limited deals and settled around previous levels.

Traders attributed the rise in palmolein oil prices to buying interest from retailers.

In the national capital, palmolein (rbd) and palmolein (Kandla) oils were up by Rs 50 each to Rs 5,500 and Rs 5,550 per quintal, respectively.

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 9,400, Groundnut Solvent Refined (per tin) Rs 1,800-1,900, Mustard expeller (Dadri) Rs 7,900, Mustard Pakki Ghani (per tin) Rs 1,250-1,295, Mustard Kachi Ghani (per tin) Rs 1,300-1,400, Sesame Mill delivery Rs 8,100, Soybean Refined Mill Delivery (Indore) Rs 6,500, Soybean Degum (Kandla) Rs 6,100, Crude Palm Oil (ex-Kandla) Rs 4,700, Cottonseed Mill Delivery (Haryana) Rs 6,500, Palmolein (RBD) Rs 5,500, Palmolein (Kandla) Rs 5,550 and Coconut (per tin) Rs 2,050-2,100.

Non-edible oils: Linseed Rs 9,100, Castor Rs 9,000-9,100, Neem Rs 5,350-5,450.

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

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First Published: Jun 21 2017 | 2:49 PM IST

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