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Palmolein oil, cottonseed oil move up on fresh demand

Press Trust of India  |  New Delhi 

Prices of palmolein and cottonseed moved up by Rs 50 per quintal at the wholesale oils and oilseeds market today due to pick-up in demand from retailers.

However, other edible and non-edible oils held steady in thin trade.

Traders attributed the rise in palmolein and cottonseed prices to pick-up in demand from retailers.

In the national capital, palmolein (RBD) and Palmolein (Kandla) oils were trading up by Rs 50 each to Rs 6,200 and Rs 6,250 per quintal, respectively.

Cottonseed mill delivery (Haryana) oils were also enquired higher by a similar margin to Rs 6,300 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 8,600, Groundnut Solvent Refined (per tin) Rs 1,650-1,750, Mustard expeller (Dadri) Rs 7,900, Mustard Pakki Ghani (per tin) Rs 1,300-1,345, Mustard Kachi Ghani (per tin) Rs 1,350-1,450, Sesame Mill delivery Rs 7,900, Soybean Refined Mill Delivery (Indore) Rs 7,200, Soybean Degum (Kandla) Rs 6,800, Crude Palm (Ex-Kandla) Rs 4,850, Cottonseed Mill Delivery (Haryana) Rs 6,300, Palmolein (RBD) Rs 6,200, Palmolein (Kandla) Rs 6,250 and Coconut (per tin) Rs 2,550-2,600.

Non-edible oils: Linseed Rs 8,800, Castor Rs 8,500-8,600, Neem Rs 5,350-5,450.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, November 13 2017. 14:42 IST