Local demand lifts mustard oil prices
Press Trust of India New Delhi In restricted activity, mustard oil inched up by Rs 50 per quintal at the wholesale oils and oilseeds market today on scattered buying by local parties to meet rising demand.
However, edible and non-edible oils moved in a narrow range in limited deals and settled around previous levlels.
Traders said some buying by local parties against restricted supplies from producing belts mainly led to rise in mustard oil prices.
In the national capital, mustard expeller (Dadri) oil traded higher by Rs 50 to Rs 7,550 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 8,900, Groundnut Solvent Refined (per tin) Rs 1,600-1,650, Mustard expeller (Dadri) Rs 7,550, Mustard Pakki Ghani (per tin) Rs 1,250-1,300, Mustard Kachi Ghani (per tin) Rs 1,300-1,400, sesame mill delivery Rs 8,000, 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 5,700, 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 9,750-9,850, Neem Rs 5,350-5,450.