Palmolein oil strengthens on scattered demand

Palmolein oil prices strengthened by Rs 50 per quintal at the wholesale oils and oilseeds market today on mild demand.

However, other edible and non-edible oils moved in a narrow range in limited deals and pegged at last levels.

Marketmen said some demand from retailers mainly led to rise in palmolein oil prices.

In the national capital, palmolein (RBD) and palmolein (Kandla) oils advanced by Rs 50 each to Rs 6,250 and Rs 6,300 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 9,200, Groundnut Solvent Refined (per tin) Rs 1,675-1,775, 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 8,700, Soybean Refined Mill Delivery (Indore) Rs 7,600, Soybean Degum (Kandla) Rs 7,200, Crude Palm Oil (Ex-Kandla) Rs 5,200, Cottonseed Mill Delivery (Haryana) Rs 6,800, Palmolein (RBD) Rs 6,250, Palmolein (Kandla) Rs 6,300 and Coconut (per tin) Rs 3,000-3,050.

Non-edible oils: Linseed Rs 9,000, Castor Rs 8,000-8,100, Neem Rs 5,350-5,450.