Groundnut oil rises on scattered demand

Groundnut oil prices rose by Rs 50 per quintal in an otherwise steady wholesale oils and oilseeds market today on scattered demand from retailers.
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 mainly led to the rise in groundnut oil prices.
In the national capital, groundnut mill delivery (Gujarat) oil rose by Rs 50 to Rs 8,500 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 8,500, 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 6,650, Soyabean Degum (Kandla) Rs 6,350, Crude Palm Oil (Ex-Kandla) Rs 4,200, Cottonseed Mill Delivery (Haryana) Rs 5,800, Palmolein (RBD) Rs 5,650, Palmolein (Kandla) Rs 5,500 and Coconut (per tin) Rs 2,350-2,400.
Non-edible oils: Linseed Rs 8,400, Castor Rs 9,650-9,750, Neem Rs 5,350-5,450.