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Palmolein, groundnut oil rise on stockists buying

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Press Trust of India New Delhi
Supported by rising demand from stockists and retailers, prices of palmolein and groundnut oils rose up to Rs 100 per quintal at the wholesale oils and oilseeds market today.

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

Traders said pick-up in demand from retailers and stockists led to rise in palmolein and groundnut oil prices.

In the national capital, palmolein (rbd) and palmolein (Kandla) oil rose Rs 50 each to Rs 6,000 and Rs 5,800, while groundnut mill delivery (Gujarat) oil moved up by Rs 100 at Rs 7,300 per quintal, respectively.
 

Following are today's quotations per quintal:

Oilseeds: Mustardseed 2,950-3,050 and Groundnut Seed 2,150-2,900.

Vanaspati Ghee (15-litre tin) 1,060-1,290.

Edible oils: Groundnut Mill Delivery (Gujarat) 7,300, Groundnut Solvent Refined (per tin) 1,250-1,300, Mustard expeller (Dadri) 6,500, Mustard Pakki Ghani (per tin) 1,150-1,200, Mustard Kachi Ghani (per tin) 1,200-1,300, sesame mill delivery 8,500 Soybean Refined Mill Delivery (Indore) 6,750, Soyabean Degum (Kandla)6,450, Crude Palm Oil (Ex-Kandla) 5,200, Cottonseed Mill Delivery (Haryana) 6,100, Palmolein (RBD) Rs 6,000, Palmolein (Kandla) 5,800 and Coconut (per tin) 2,600-2,680.

Non-edible oils: Linseed 7,700, Castor 9,400-9,500, Neem 5,300-5,400.

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First Published: Jun 16 2014 | 3:20 PM IST

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