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Select edible oils strengthen on pick up in demand

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

Prices of select edible oils rose up to Rs 30 per quintal at the wholesale market here today on firm demand from vanaspati millers and local parties. Neem oil in the non-edible secion also found scattered buying support from soap industries and improved.

Marketmen said pick up in demand from vanaspati millers and local parties following ongoing marriage season mainly pushed up select wholesale edible oil prices. In the edible section, mustard expeller oil (Dadri) gained the most by rising Rs 30 to Rs 4,700 per quintal.

Crude palm oil (ex-kandla) and palmolein (rbd)also went up by Rs 20 each to Rs 3,770 and Rs 4,250 per quintal. Among non-edible, neem oil edged up by Rs 50 to Rs 3,650-3,750 per quintal on increased offtake from soap industries.

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) 4,700, 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

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Crude Palm Oil (Ex-kandla) 3,770, Cottonseed mill delivery (Haryana) 4,100, Palmolein (RBD) 4,250, Rice bran (phy) 3,750 and Coconut (per tin) 960-990

Non-edible oils: Linseed 4,000, Mahuwa 4,000, Castor 6,850-6,950, Neem 3,650-3,750, 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 05 2010 | 2:26 PM IST

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