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Groundnut, mustard oil strengthen on rising demand

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Press Trust of India New Delhi
Last Updated : Apr 21 2014 | 2:52 PM IST
Prices of groundnut and mustard oil strengthened by Rs 50 per quintal at the wholesale oils and oilseeds market today on rising demand from local parties and milers for the ongoing wedding season.
However, other edible and non-edible oils moved in a tight range in limited deals and settled around previous levels.
Traders said besides rising demand for the ongoing wedding season, restricted arrivals from producing region mainly strengthened groundnut and mustard oil prices.
In the national capital, groundnut mill delivery (Gujarat) and mustard expeller (Dadri) oils advanced by Rs 50 each to Rs 7,400 and Rs 7,100 per quintal, respectively.
Following are today's quotations per quintal:
Oilseeds: Mustardseed 2,950-3,050 and Groundnut Seed 2,150-2,900.

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Vanaspati Ghee (15-litre tin) 1,120-1,340.
Edible oils: Groundnut Mill Delivery (Gujarat) 7,400, Groundnut Solvent Refined (per tin) 1,900-1,950, Mustard expeller (Dadri) 7,100, Mustard Pakki Ghani (per tin) 1,290-1,370, Mustard Kachi Ghani (per tin) 1,375-1,475, Sunflower 6,300, Sesame Mill Delivery 10,000, Soybean Refined Mill Delivery (Indore) 7,450, Soyabean Degum (Kandla) 7,250, Crude Palm Oil (Ex-Kandla) 5,750, Cottonseed Mill Delivery (Haryana) 6,250, Palmolein (RBD) Rs 6,750, Palmolein (Kandla) 6,400, Rice Bran (phy) 3,800 and Coconut (per tin)1,900-1,950.
Non-edible oils: Linseed 7,450, Mahuwa 4,000, Castor 9,400-9,500, Neem 5,300-5,400, Rice Bran 3,150-3,250 and Palm Fatty 3,200-3,300.
Oilcakes: Groundnut Dehusk 800-850, Sesame 950-1,150, Mustard (New) 1,000-1,025, Mustard 1,200-1,210 and Cottonseed 1,075-1,175.

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First Published: Apr 21 2014 | 2:52 PM IST

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