Select edible oils up on sustained buying support

Select edible oil prices rose up to Rs 150 per quintal on the wholesale oils and oilseeds market on increased offtake by vanaspati millers, supported by ongoing marriage season mainly pushed up select wholesale edible oil prices.

Traders said increased demand from vanaspati millers and retailers for the ongoing marriage season mainly influenced select wholesale edible oil prices.

In the national capital, groundnut mill delivery (Gujarat) oil gained the most by rising Rs 150 to Rs 7,400 per quintal.

Soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils also moved up by Rs 30 and Rs 20 to Rs 6,480 and Rs 6,120 per quintal, respectively.

However, mustard expeller oil lacked necessary buying support and lost Rs 30 to Rs 6,070 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) 7,400, groundnut Solvent refined (per tin) 1,400-1,410, Mustard Expeller (Dadri) 6070, Mustard Pakki ghani (per tin) 775-930, Mustard kachi ghani (per tin) 930-1,030

Sunflower 6,300, Sesame mill delivery 6,350, soybean Refined mill delivery (Indore) 6,480, Soyabean degum (Kandla) 6,120, Crude Palm Oil (Ex-kandla) 5,500, Cottonseed mill delivery (Haryana) 5,700, Palmolein (RBD) 6,150, Rice bran (phy) 3,750 and Coconut (per tin) 1,415-1,475

Non-edible oils: Linseed 4,550, Mahuwa 4,000, Castor 8,650-8,750, Neem 4,050-4,150, 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