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Edible oils up on global cues, millers demand

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Press Trust of India New Delhi
Last Updated : Jan 21 2013 | 6:57 AM IST

Wholesale prices of select edible oils rose up to Rs 100 per quintal in the oils and oilseeds market today, on the back of firming trend overseas and pick up in demand from vanaspati units.

Marketmen said reports of firming trend in palm oil overseas, which traded 1.1 per cent higher at $1,123 a tonne on the Malaysian Derivatives Exchange and increased offtake by vanaspati units influenced the select edible oil prices here.

In the national capital, palmolein (rbd)oils added Rs 20 to Rs 5,770 while soyabean (kandla) by Rs 100 to Rs 5,400 per quintal.

Following are today's quotations in Rs per quintal:

Oilseeds: mustard seed 2,525-2,655 and groundnut seed 2,100-2,850 Vanaspati ghee (15 litres tin) 925-960

Edible oils: Groundnut mill delivery (Gujarat) 7,300, groundnut Solvent refined (per tin) 1,415-1,425, Mustard Expeller (Dadri) 5,600, Mustard Pakki ghani (per tin) 760-915

Mustard kachi ghani (per tin) 915-1,015, Sunflower 6,300, Sesame mill delivery 6,170, soybean Refined mill delivery (Indore) 5,800

Soyabean degum (Kandla) 5,400, Crude Palm Oil (Ex-kandla) 5,150, Cottonseed mill delivery (Haryana) 5,250, Palmolein (RBD) 5,770, Rice bran (phy) 3,750 and Coconut (per tin) 1,240-1,300

Non-edible oils: Linseed 4,350, Mahuwa 4,000, Castor 8,400-8,500, Neem 3,850-3,950, Rice bran 3,300-3,400 and palm fatty 3,225-3,300

Oilcakes: groundnut de-husk 800-850, sesame 950-1,150, Mustard (new) 1,000-1,025, Mustard 1,200-1,210 and Cottonseed 1,075-1,175

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First Published: Dec 03 2010 | 5:09 PM IST

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