Edible oils remain up on firm demand, increased buying

Firm conditions continued to prevail at the wholesale oils and oilseeds market today on increased offtake by millers amid rising demand from retailers and prices rose by up to Rs 150 per quintal.
However, non-edible oils continued to trade in a narrow range on little doing and remained unchanged.
Traders said persistent rise in select edible oil prices to increased offtake by vanaspati units and strong demand from retailers.
In the national capital, groundnut mill delivery (Gujarat) and mustard expeller (Dadri) traded higher by Rs 30 each at Rs 10,380 and Rs 8,080 per quintal, respectively.
Soybean refined mill delivery (indore) spurted by Rs 150 to Rs 6,600 per quintal, while palmolein (RBD) and palmolein (Kandla) oils advanced by Rs 30 each to Rs 5,600 and Rs 5,650 per quintal, respectively.

Following are today's quotations (in Rs per quintal):

Oilseeds: Mustard seed Rs 2,950-3,050 and Groundnut seed Rs 2,150-2,900. Vanaspati Ghee (15-litre tin) Rs 800- 1,000.
Edible oils: Groundnut Mill Delivery (Gujarat) Rs 10,380, Groundnut Solvent Refined (per tin) Rs 1,825-1,925, Mustard expeller (Dadri) Rs 8,080, Mustard Pakki Ghani (per tin) Rs 1,250-1,295, Mustard Kachi Ghani (per tin) Rs 1,300-1,400, Sesame Mill delivery Rs 8,100, Soybean Refined Mill Delivery (Indore) Rs 6,600, Soybean Degum (Kandla) Rs 6,150, Crude Palm Oil (Ex-Kandla) Rs 4,700, Cottonseed Mill Delivery (Haryana) Rs 6,500, Palmolein (RBD) Rs 5,600, Palmolein (Kandla) Rs 5,650 and Coconut (per tin) Rs 2,050-2,100.

Non-edible oils: Linseed Rs 9,500, Castor Rs 9,400-9,500, Neem Rs 5,350-5,450.