Cottonseed oil strengthens on increased demand

In restricted activity, cottonseed oil prices rose by Rs 50 per quintal at the wholesale oils and oilseeds market today on increased buying by retailers to meet rising demand from local parties.
However, movements in other edible and non-edible oils remained restricted in the absence of worthwhile activity and settled at previous levels.
Traders said selective buying by retailers mainly led to the rise in cottonseed oil prices.
In the national capital, cottonseed mill delivery (Haryana) oil moved up by Rs 50 to Rs 5,600 per quintal.
Following are today's quotations (in Rs per quintal):
Oilseeds: Mustardseed Rs 2,950-3,050 and Groundnutseed Rs 2,150-2,900. Vanaspati Ghee (15-litre tin) Rs 930-1,070.

Edible oils: Groundnut Mill Delivery (Gujarat) Rs 8,750, Groundnut Solvent Refined (per tin) Rs 1,575-1,625, Mustard expeller (Dadri) Rs 7,150, Mustard Pakki Ghani (per tin) Rs 1,220-1,270, Mustard Kachi Ghani (per tin) Rs 1,270-1,370, sesame mill delivery Rs 7,900, Soyabean Refined Mill Delivery (Indore) Rs 6,700, Soyabean Degum (Kandla) Rs 6,400, Crude Palm Oil (Ex-Kandla) Rs 4,300, Cottonseed Mill Delivery (Haryana) Rs 5,600, Palmolein (RBD) Rs 5,700, Palmolein (Kandla) Rs 5,600 and Coconut (per tin) Rs 2,375-2,425.
Non-edible oils: Linseed Rs 8,250, Castor Rs 9,850-9,950, Neem Rs 5,350-5,450.