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Select edible oils recover on fresh buying

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Press Trust of India New Delhi
Last Updated : Jan 21 2013 | 3:13 AM IST

Select edible oils, soyabean mill delivery and crude palm oil, recovered up to Rs 20 per quintal in the wholesale oils and oilseeds market today on fresh buying by vanaspati millers amid firming global trend.

Traders said fresh buying by vanaspati millers amid firming trend in Malaysia led to a rise in select edible oil prices. Meanwhile, palm oil futures for the August delivery contract gained 0.5 per cent to $755 a metric tonne on the Malaysia Derivatives Exchange.

In the edible section, soyabean refined mill delivery (Indore) and soyabean degum (Delhi) recovered by Rs 20 and Rs 10 to Rs 4,500 and Rs 4,360 per quintal. Crude palm oil (ex-kandla) and palmolein (rbd) oils also gained by Rs 10 each to Rs 3,750 and Rs 4,230 per quintal.

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) 720-830. 

Edible oils: Groundnut mill delivery (Gujarat) 7,100, groundnut Solvent refined (per tin) 1,160-1,170, Mustard Expeller (Dadri) 4,670, Mustard Pakki ghani (per tin) 660-815, Mustard kachi ghani (per tin) 815-915, Sunflower 6,300, Sesame mill delivery 5,800, Soybean Refined mill delivery (Indore) 4,500 Soyabean degum (Delhi) 4,360, Crude Palm Oil (Ex-kandla) 3,750, Cottonseed mill delivery (Haryana) 4,100, Palmolein (RBD) 4,230, Rice bran (phy) 3,750 and Coconut (per tin) 960-990.

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Non-edible oils: Linseed 4,000, Mahuwa 4,000, Castor 6,850-6,950, Neem 3,600-3,700, Rice bran 3,200-3,300 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: Jun 04 2010 | 2:11 PM IST

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