Edible oils rise on increased buying by vanaspati millers

Edible oil prices rose up to Rs 100 per quintal at the wholesale oilseeds market today on increased buying by vanaspati millers and retailers.
However, non-edible oils moved in a narrow range in limited deals and settled around previous levels.
Traders said increased offtake by vanaspati millers and retailers to meet rising demand amidst restricted arrivals from
producing belts mainly led to the rise in edible oil prices.
In the national capital, groundnut mill delivery (Gujarat) and cottonseed mill delivery (Haryana) oils advanced by Rs 100 and Rs 50 each to Rs 7,600 and Rs 6,100 per quintal, respectively.
Mustard expeller (Dadri) and sesame mill delivery oils also moved up by Rs 50 each to Rs 7,300 and Rs 8,400 per quintal, respectively.

In line with a general firm trend, soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils traded higher by Rs 50 each to Rs 6,500 and Rs 6,200 per quintal, respectively.

Following are today's quotations (in Rs per quintal):
Oilseeds: Mustard seed 2,950-3,050 and Groundnut Seed 2,150-2,900.
Vanaspati Ghee (15-litre tin) 960-1,130.
Edible oils: Groundnut Mill Delivery (Gujarat) 7,600, Groundnut Solvent Refined (per tin) 1,300-1,350, Mustard expeller (Dadri) 7,300, Mustard Pakki Ghani (per tin) 1,200- 1,250, Mustard Kachi Ghani (per tin) 1,250-1,350, sesame mill delivery 8,400, Soyabean Refined Mill Delivery (Indore) 6,500, Soyabean Degum (Kandla) 6,200, Crude Palm Oil (Ex-Kandla) 4,600, Cottonseed Mill Delivery (Haryana) 6,100, Palmolein (RBD) 5,650, Palmolein (Kandla) 5,450 and Coconut (per tin) 2,675-2,750.

Non-edible oils: Linseed 8,150, Castor 9,650-9,750, Neem 5,350-5,450.