Groundnut oil rises as demand picks up

Amid pick up in demand from retailers and restricted arrivals from producing belts, groundnut oil prices rose by Rs 200 per quintal at the wholesale oils and oilseeds market today.
However, other edible and non-edible oils continued to trade in a tight range in limited deals and pegged at last levels.
Traders said besides uptick in demand from retailers, restricted supplies from producing regions mainly attributed the rise in groundnut oil prices.
In the national capital, groundnut mill delivery (Gujarat) oil moved up by Rs 200 to Rs 14,400 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 14,400, Groundnut Solvent Refined (per tin) Rs 1,980-2,030, Mustard expeller (Dadri) Rs 8,900, Mustard Pakki Ghani (per tin) Rs 1,415-1,460, Mustard Kachi Ghani (per tin) Rs 1,465-1,565, Sesame Mill delivery Rs 7,700, Soybean Refined Mill Delivery (Indore) Rs 6,900, Soybean Degum (Kandla) Rs 6,600, Crude Palm Oil (Ex-Kandla) Rs 4,500, Cottonseed Mill Delivery (Haryana) Rs 6,400, Palmolein (RBD) Rs 6,100, Palmolein (Kandla) Rs 6,150 and Coconut (per tin) Rs 1,550-1,600.
Non-edible oils: Linseed Rs 9,700, Castor Rs 9,850-9,950, Neem Rs 5,350-5,450.