Local demand lifts mustard, cottonseed oil prices

Prices of mustard and cottonseed oils edged up by Rs 50 per quintal at the wholesale oils and oilseeds market today following scattered buying vanapsati millers and retailers.
Castor oil in the non-edible section, also traded higher on increased offtake by consuming industries.
Traders said scattered buying by vanaspati millers and retailers amid restricted arrivals from producing regions mainly led to rise in mustard and cottonseed oil prices.
In the national capital, mustard expeller (Dadri) and cottonseed mill delivery (Haryana) oils were up by Rs 50 each to Rs 7,600 and Rs 5,800 per quintal respectively.
Mustard pakki and kachi ghani oils edged up by Rs 20 each to Rs 1,270-1,320 and Rs 1,320-1,420 per tin respectively.

Groundnut solvent refined also seen in demand and gained Rs 50 to Rs 1,650-1,700 per tin.

Among non-edible, castor oil moved up by Rs 50 to Rs 9,850-9950 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 8,950, Groundnut Solvent Refined (per tin) Rs 1,650-1,700, Mustard expeller (Dadri) Rs 7,600, Mustard Pakki Ghani (per tin) Rs 1,270-1,320, Mustard Kachi Ghani (per tin) Rs 1,320-1,420, sesame mill delivery Rs 8,050, Soyabean Refined Mill Delivery (Indore) Rs 6,600, Soyabean Degum (Kandla) Rs 6,300, Crude Palm Oil (Ex-Kandla) Rs 4,250, Cottonseed Mill Delivery (Haryana) Rs 5,800, Palmolein (RBD) Rs 5,600, Palmolein (Kandla) Rs 5,500 and Coconut (per tin) Rs 2,225-2,250.

Non-edible oils: Linseed Rs 8,450, Castor Rs 9,850-9,950, Neem Rs 5,350-5,450.