Palm oil rises in thin trade

In an otherwise steady wholesale oils and oilseeds market, palmolein oil rose by Rs 10 per quintal on pick up in local demand.

Elsewhere, prices of other edible and non-edible oils in range-bound trading in the absence of worthwhile activity, settled around previous levels. Traders said pick up in local buying in view of marriage season mainly led to a rise in palmolein oil prices.

In the national capital,palmolein (rbd) oil added Rs 10 to Rs 5,810 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) 7,350, groundnut Solvent refined (per tin) 1,415-1,425, Mustard Expeller (Dadri) 5,620, 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) 5,830, Soyabean degum (Kandla) 5,500, Crude Palm Oil (Ex-kandla) 5,200, Cottonseed mill delivery (Haryana) 5,350, Palmolein (RBD) 5,810, Rice bran (phy) 3,750 and Coconut (per tin) 1,240-1,300

Non-edible oils: Linseed 4,400, 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