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Palmolein moves up on scattered buying

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Press Trust of India New Delhi
Palmolein prices moved up by Rs 50 per quintal in an otherwise steady wholesale oils and oilseeds market today on scattered buying from retailers.

However, other edible and non-edible oils moved in a narrow range on alternate bouts of trading and settled around previous levels.

Traders said some buying by retailers mainly led to the rise in palmolein oil prices.

In the national capital, Palmolein (rbd) and palmolein (Kandla) oils went up by Rs 50 each to Rs 5,850 and Rs 5,650 per quintal, respectively.

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) 7,750, 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 8,100, Soyabean Refined Mill Delivery (Indore) 6,600, Soyabean Degum (Kandla) 6,300, Crude Palm Oil (Ex-Kandla) 4,600, Cottonseed Mill Delivery (Haryana) 5,900, Palmolein (RBD) 5,850, Palmolein (Kandla) 5,650 and Coconut (per tin) 2,600-2,650.

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

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First Published: Nov 26 2014 | 2:56 PM IST

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