Groundnut edges up on retailers' demand

Groundnut oil moved up by Rs 100 per quintal at the wholesale oils and oilseeds market today on renewed demand from retailers.
However, mustard oil ended lower.
Castor oil in the non-edible section also recovered due to increased offtake by consuming industries.
Traders said robust demand from retailers mainly led to rise in groundnut oil prices.
In the national capital, groundnut mill delivery (Gujarat) oil went up by Rs 100 to Rs 9,600 per quintal.
On the other hand, mustard expeller (Dadri) oil shed Rs 50 to Rs 7,950 per quintal on lack of buying support.

In the non-edible section, castor oil also traded higher by Rs 100 to Rs 8,500-8,600 per quintal.

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 9,600, Groundnut Solvent Refined (per tin) Rs 1,675-1,775, Mustard expeller (Dadri) Rs 7,950, Mustard Pakki Ghani (per tin) Rs 1,300-1,345, Mustard Kachi Ghani (per tin) Rs 1,350-1,450, Sesame Mill delivery Rs 8,500, Soybean Refined Mill Delivery (Indore) Rs 7,400, Soybean Degum (Kandla) Rs 7,000, Crude Palm Oil (Ex-Kandla) Rs 5,000, Cottonseed Mill Delivey (Haryana) Rs 6,600, Palmolein (RBD) Rs 6,250, Palmolein (Kandla) Rs 6,300 and Coconut (per tin) Rs 2,750-2,800.

Non-edible oils: Linseed Rs 8,800, Castor Rs 8,500-8,600, Neem Rs 5,350-5,450.