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Coconut oil rises on retailers demand

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Press Trust of India New Delhi
Last Updated : Jan 21 2013 | 3:13 AM IST

In restricted activity, coconut oil prices rose by Rs 60 per tin on the wholesale oils and oilseeds market today on stockists buying followed by pick up in demand from retailers.

In the non-edible section, linseed oil also showed some strength after enquiries from the paint industries. Traders said pick up in retailers demand helped the wholesale coconut oil prices to rise.

In the edible section, coconut oil shot up by Rs 60 to Rs 1,020-1,050 per tin of 15 litres. Among the non-edible section, linseed oil also gained Rs 50 to Rs 4,000 per quintal.

Following are today's quotations in Rs per quintal:

Oilseeds: mustard seed 2,500-2,600 and groundnut seed 2,100-2,850
Vanaspati ghee (15 litres tin) 720-830

Edible oils: Groundnut mill delivery (Gujarat) 7,300, groundnut Solvent refined (per tin) 1,200-1,210, Mustard Expeller (Dadri) 4,730, Mustard Pakki ghani (per tin) 665-820, Mustard kachi ghani (per tin) 820-920, Sunflower 6,300, Sesame mill delivery 5,800

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Soybean Refined mill delivery (Indore) 4,420 Soyabean degum (Delhi) 4,320, Crude Palm Oil (Ex-kandla) 3,710, Cottonseed mill delivery (Haryana) 4,020, Palmolein (RBD) 4,170, Rice bran (phy) 3,750 and Coconut (per tin) 1,020-1,050

Non-edible oils: Linseed 4,000, Mahuwa 4,000, Castor 6,950-7,050, Neem 3,600-3,700, Rice bran 3,200-3,300 and palm fatty 3,225-3,300

Oilcakes: groundnut de-husk 800-850, sesame 950-1,150, Mustard (new) 1,025-1,050, Mustard 1,200-1,210 and Cottonseed 1,075-1,175

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First Published: Jun 19 2010 | 3:05 PM IST

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