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Soyabean, sesame oils rise on retailers' demand

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Press Trust of India New Delhi
Prices of soyabean and sesame oils rose by Rs 100 per quintal at the wholesale oils and oilseeds market today on uptick in demand from retailers.

However, other edible and non-edible oils moved in a narrow range in limited deals and settled around the previous levels.

Traders said pick-up in demand from retailers against restricted supplies from producing belts, mainly led to the rise in soyabean and sesame oil prices.

In the national capital, soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils edged up by Rs 100 each to Rs 7,500 and Rs 7,100 per quintal, respectively.

Sesame mill delivery also traded higher by a similar margin to Rs 8,500 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 9,050, Groundnut Solvent Refined (per tin) Rs 1,650-1,750, Mustard expeller (Dadri) Rs 8,000, Mustard Pakki Ghani (per tin) Rs 1,300-1,345, Mustard Kachi Ghani (per tin) Rs 1,350-1,450, Sesame Mill delivery Rs 8,500, Soybean Refined Mill Delivery (Indore) Rs 7,500, Soybean Degum (Kandla) Rs 7,100, Crude Palm Oil (Ex-Kandla) Rs 5,000, Cottonseed Mill Delivery (Haryana) Rs 6,500, Palmolein (RBD) Rs 6,450, Palmolein (Kandla) Rs 6,500 and Coconut (per tin) Rs 2,650-2,700.

Non-edible oils: Linseed Rs 8,800, Castor Rs 8,700-8,800, Neem Rs 5,350-5,450.

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

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First Published: Nov 30 2017 | 3:15 PM IST

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