Palmolein and soyabean oil prices firmed by Rs 20 per quintal in the wholesale oils and oilseeds market today on fresh buying by vanaspati millers, supported by the ongoing marriage season.
Firming trend in global markets also influenced the trading sentiment.
Traders said fresh buying support from retailers and reports of firming trend in global markets mainly led to a rise in palmolein and soyabean oil prices.
Meanwhile, palm oil futures for February-delivery futures gained 1.3 per cent to $1,174 a metric tonne, the highest since June 18, 2008,on the Malaysia Derivatives Exchange.
In the national capital,soyabean refined mill delivery (Indore) oil soyabean degum (kandla) oils rose by Rs 20 each to Rs 6,020 and Rs 5,670 per quintal.
Palmolein (rbd) oil also seen in demand and traded higher by the same margin to Rs 5,870 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) 1,425-1,435, Mustard Expeller (Dadri) 5,650, Mustard Pakki ghani (per tin) 760-915, Mustard kachi ghani (per tin) 915-1,015, Sunflower 6,300
Sesame mill delivery 6,200, soybean Refined mill delivery (Indore) 6,020, Soyabean degum (Kandla) 5,670, Crude Palm Oil (Ex-kandla) 5,250, Cottonseed mill delivery (Haryana) 5,400, Palmolein (RBD) 5,870, Rice bran (phy) 3,750 and Coconut (per tin) 1,250-1,310
Non-edible oils: Linseed 4,450, Mahuwa 4,000, Castor 8,400-8,500, Neem 3,900-4,000, 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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