Groundnut oil moves up on scattered demand
Press Trust of India New Delhi Groundnut oil prices rose by Rs 50 per quintal at wholesale oil and oilseeds market on some demand today.
However, other edible and non-edible oils moved in a narrow range in limited deals and settled around previous levels.
Traders said some demand from retailers against restricted supplies from producing belts mainly led to the rise in groundnut oil prices.
In the national capital, groundnut mill delivery (Gujarat) oil went up by Rs 50 to Rs 8,550 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 930-1,070.
Edible oils: Groundnut Mill Delivery (Gujarat) Rs 8,550, Groundnut Solvent Refined (per tin) Rs 1,400-1,450, Mustard expeller (Dadri) Rs 7,700, Mustard Pakki Ghani (per tin) Rs 1,250-1,300, Mustard Kachi Ghani (per tin) Rs 1,300-1,400, sesame mill delivery Rs 7,400, Soyabean Refined Mill Delivery (Indore) Rs 6,700, Soyabean Degum (Kandla) Rs 6,400, Crude Palm Oil (Ex-Kandla) Rs 4,200, Cottonseed Mill Delivery (Haryana) Rs 5,800, Palmolein (RBD) Rs 5,700, Palmolein (Kandla) Rs 5,550 and Coconut (per tin) Rs 2,350-2,400.
Non-edible oils: Linseed Rs 8,400, Castor Rs 9,700-9,800, Neem Rs 5,350-5,450.