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Palmolein, crude palm oils recover on global cues

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 1:30 AM IST

Palmolein and crude palm oils recovered by Rs 10 per quintal on the wholesale oils and oilseeds market today largely on firming global trend.

Elsewhere, other edible and non-edible oils continued to trade in a tight range in the absence of worthwhile activity.

Traders said fresh buying by vanaspati millers amid firm trend in global markets led to recovery in palmolein and crude palm oil prices.

In the national capital, palmolein (rbd) and crude palm oil (ex-kandla) oils were up by Rs 10 each to Rs 4,790 and Rs 5,600 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

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Edible oils: Groundnut mill delivery (Gujarat) 7,100, groundnut Solvent refined (per tin) 1,420-1,430, Mustard Expeller (Dadri) 5,550, Mustard Pakki ghani (per tin) 745-900, Mustard kachi ghani (per tin) 900-1,000, Sunflower 6,300, Sesame mill delivery 6,050

soybean Refined mill delivery (Indore) 5,680, Soyabean degum (Delhi) 5,050, Crude Palm Oil (Ex-kandla) 4,790, Cottonseed mill delivery (Haryana) 5,100, Palmolein (RBD) 5,600, Rice bran (phy) 3,750 and Coconut (per tin) 1,240-1,300

Non-edible oils: Linseed 4,300, Mahuwa 4,000, Castor 8,400-8,500, Neem 3,800-3,900, 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: Nov 20 2010 | 1:56 PM IST

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