Groundnut rises on pickup in demand

Groundnut oil edged higher by Rs 50 per quintal in lacklustre trade at the wholesale oils and oilseeds market today due to pickup in demand from retailers.
However, other edible and non-edible oils after trading in a tight range in limited deals, closed with hardly any changes.
Traders said pickup in demand from retailers amid restricted supplies from producing belts mainly led to rise in groundnut oil prices.
In the national capital, groundnut mill delivery (Gujarat) oil strengthened by Rs 50 each to Rs 8,850 per quintal.
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 850-1,065.

Edible oils: Groundnut Mill Delivery (Gujarat) Rs 8,850, Groundnut Solvent Refined (per tin) Rs 1,600-1,650, Mustard expeller (Dadri) Rs 7,450, Mustard Pakki Ghani (per tin) Rs 1,250-1,300, Mustard Kachi Ghani (per tin) Rs 1,300-1,400, sesame mill delivery Rs 7,950, Soyabean Refined Mill Delivery (Indore) Rs 6,550, Soyabean Degum (Kandla) Rs 6,250, Crude Palm Oil (Ex-Kandla) Rs 4,250, Cottonseed Mill Delivery (Haryana) Rs 5,650, Palmolein (RBD) Rs 5,500, Palmolein (Kandla) Rs 5,400 and Coconut (per tin) Rs 2,225-2,250.
Non-edible oils: Linseed Rs 8,450, Castor Rs 9,700-9,800, Neem Rs 5,350-5,450.