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Select edible oils up on millers' buying

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Press Trust of India New Delhi

Select edible oil prices rose by Rs 50 per quintal at the wholesale oils and oilseeds market today on fresh buying by vanaspati millers.

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

Traders said increased offtake by vanaspati millers to meet rising demand from retailers against restricted supplies from growing regions mainly pushed up select edible oil prices.

In the national capital, palmolein (RBD) and palmolein (Kandla) oils moved up by Rs 50 each to Rs 7300 and Rs 7350 per quintal respectively.

Soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils also traded higher by a similar margin to Rs 7750 and Rs 7350 per quintal respectively.

 

Mustard expeller (Dadri) oil too recovered by Rs 50 to

Rs 7,700 per quintal.

Among non-edible, castor oil traded higher by Rs 100 to Rs 7,300-7,400 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 7,700, Mustard Pakki Ghani (per tin) Rs 1,275-1,320, Mustard Kachi Ghani (per tin) Rs 1,325-1,425, Sesame Mill delivery Rs 9,200, Soybean Refined Mill Delivery (Indore) Rs 7,750, Soybean Degum (Kandla) Rs 7,350, Crude Palm Oil (Ex-Kandla) Rs 5,500, Cottonseed Mill Delivery (Haryana) Rs 7,100, Palmolein (RBD) Rs 7,300, Palmolein (Kandla) Rs 7,350 and Coconut (per tin) Rs 3,100-3,150.

Non-edible oils: Linseed Rs 8,800, Castor Rs 7,300-7,400, Neem Rs 5,350-5,450.

Disclaimer: No Business Standard Journalist was involved in creation of this content

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First Published: May 22 2018 | 2:25 PM IST

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