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Palmolein oil rises on fresh buying

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Press Trust of India New Delhi
Last Updated : Jan 21 2013 | 4:48 AM IST

In an otherwise steady oils and oilseeds market today, palmolein oil prices rose by Rs 20 per quintal on fresh buying.

Marketmen said fresh buying by vanaspati millers, driven by rising demand on account of festive and marriage season, led to a rise in palmolein oil prices.

In the national capital, palmolein (rbd) remained in demand and advanced by Rs 20 to Rs 5,000 per quintal.

Meanwhile, other edible oils such as groundnut mill delivery and mustard expeller, remained unchanged at Rs 8,650 and Rs 5,250 per quintal, respectively.
   
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) 750-860.
    
Edible oils: Groundnut mill delivery (Gujarat) 8,650, groundnut Solvent refined (per tin) 1,500-1,510, Mustard Expeller (Dadri) 5,250, Mustard Pakki ghani (per tin) 705-860, Mustard kachi ghani (per tin) 860-960, Sunflower 6,300, Sesame mill delivery 5,850, soybean Refined mill delivery (Indore) 4,920 Soyabean degum (Delhi) 4,720, Crude Palm Oil (Ex-kandla) 4,170, Cottonseed mill delivery (Haryana) 4,550, Palmolein (RBD) 5,000, Rice bran (phy) 3,750 and Coconut (per tin) 1,100-1,130.
     
Non-edible oils: Linseed 4,150, Mahuwa 4,000, Castor 7,900-8,000, 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) 1,025-1,050, Mustard 1,200-1,210 and Cottonseed 1,075-1,175.

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First Published: Sep 07 2010 | 5:34 PM IST

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