Groundnut, mustard oils rise as demand picks up

Supported by rising demand from retailers and millers, prices of groundnut and mustard oils firmed up by Rs 50 per quintal at the wholesale oils and oilseeds market today.
However, movements in other edible and non-edible oils remained restricted in the absence of worthwhile activity and settled around previous levels.
Marketmen said pick-up in demand from retailers as well as millers against restricted supplies from producing belts mainly led to the rise in groundnut and mustard oil prices.
In the national capital, groundnut mill delivery (Gujarat) and mustard expeller (Dadri) oils were up by Rs 50 each to Rs 8,850 and Rs 7,350 per quintal respectively.

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 8,850, Groundnut Solvent Refined (per tin) Rs 1,600-1,650, Mustard expeller (Dadri) Rs 7,350, Mustard Pakki Ghani (per tin) Rs 1,250-1,300, Mustard Kachi Ghani (per tin) Rs 1,300-1,400, sesame mill delivery Rs 8,100, 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 5,700, Palmolein (RBD) Rs 5,800, Palmolein (Kandla) Rs 5,700 and Coconut (per tin) Rs 2,350-2,350.
Non-edible oils: Linseed Rs 8,500, Castor Rs 9,950-10,050, Neem Rs 5,350-5,450.