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Palmolein oil rises on global cues, fresh buying support

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 1:43 AM IST

In restricted trade activity, palmolein oil prices rose by Rs 20 per quintal on the wholesale oils and oilseeds market today on fresh buying support by vanaspati millers, amid firming global trend. 

Elsewhere, other edible and non-edible oils moved in a tight range in the absence of worthwhile activity and settled around previous levels. 

Palm oil futures for April delivery rose 1.4 per cent to $1,220 a tonne in Kuala Lumpur. In the national capital, palmolein (rbd) oil rose by Rs 20 to Rs 6,220 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) 1065-1140

Edible oils: Groundnut mill delivery (Gujarat) 7,500, groundnut Solvent refined (per tin) 1,400-1,410, Mustard Expeller (Dadri) 6,080, Mustard Pakki ghani (per tin) 775-930

Mustard kachi ghani (per tin) 930-1,030, Sunflower 6,300, Sesame mill delivery 6,400, soybean Refined mill delivery (Indore) 6,540

Soyabean degum (Kandla) 6,150, Crude Palm Oil (Ex-kandla) 5,350, Cottonseed mill delivery (Haryana) 5,720, Palmolein (RBD) 6,220, Rice bran (phy) 3,750 and Coconut (per tin) 1,440-1,500

Non-edible oils: Linseed 4,600, Mahuwa 4,000, Castor 8,650-8,750, Neem 4,150-4,250, 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: Jan 27 2011 | 3:28 PM IST

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