Prices of palmolein and groundnut oils rose by up to Rs 200 per quintal in the wholesale oils and oilseeds market today on fresh buying by vanaspati millers.
Castor oil in the non-edible section also edged up on increased offtake by consuming industries.
Traders said, fresh buying by vanaspati millers driven by pick-up in demand from retailers against restricted supplies from growing regions, mainly led to the rise in palmolein and groundnut oil prices.
In the national capital, palmolein (RBD) and palmolein (Kandla) oils shot up by Rs 200 each to Rs 7,150 and Rs 7,200 per quintal, respectively.
Groundnut mill delivery (Gujarat) oil also went up by Rs 100 to Rs 8,500 per quintal.
Among non-edibles, castor oil too traded higher by Rs 10 to Rs 7,600-7,700 per quintal.
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 8,500,Groundnut Solvent Refined (per tin) Rs 1,700-1,800, Mustard expeller (Dadri) Rs 8,000, Mustard Pakki Ghani (per tin) Rs 1,300-1,345, Mustard Kachi Ghani (per tin) Rs 1,350-1,450, Sesame Mill delivery Rs 8,900, Soybean Refined Mill Delivery (Indore) Rs 7,700, Soybean Degum (Kandla) Rs 7,300, Crude Palm Oil (Ex-Kandla) Rs 5,400, Cottonseed Mill Delivery (Haryana) Rs 7,000, Palmolein (RBD) Rs 7,150, Palmolein (Kandla) Rs 7,200 and Coconut (per tin) Rs 3,100-3,150.
Non-edible oils: Linseed Rs 9,300, Castor Rs 7,600-7,700, Neem Rs 5,350-5,450.
Disclaimer: No Business Standard Journalist was involved in creation of this content
