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Palmolein, soyabean oils move up on retailers demand

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Press Trust of India New Delhi
Prices of palmolein and soyabean oil firmed up by Rs 50 per quintal at the wholesale oils and oilseeds market today on scattered demand from retailers.

Castor oil in the non-edible section, also edged up on increased offtake by consuming industries.

Traders said scattered demand from retailers mainly led to the rise in palmolein and soyabean oil prices.

In the national capital, palmolein (rbd) and palmolein (Kandla) oils moved up by Rs 50 each to Rs 5,900 and Rs 5,700 per quintal respectively.

Soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils also went up by a similar margin to Rs 6,700 and Rs 6,400 per quintal respectively.
 

In the non-edible section, castor oil moved up by Rs 50 to Rs 9,650-9,750 per quintal.

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) 7,200, Mustard Pakki Ghani (per tin) 1,200- 1,250, Mustard Kachi Ghani (per tin) 1,250-1,350, sesame mill delivery 8,300, Soyabean Refined Mill Delivery (Indore) 6,700, Soyabean Degum (Kandla) 6,400, Crude Palm Oil (Ex-Kandla) 4,600, Cottonseed Mill Delivery (Haryana) 6,000, Palmolein (RBD) 5,900, Palmolein (Kandla) 5,700 and Coconut (per tin) 2,675-2,750.

Non-edible oils: Linseed 8,150, Castor 9,650-9,750, Neem 5,350-5,450.

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First Published: Nov 13 2014 | 3:15 PM IST

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