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Mustard, groundnut oils up on millers' buying

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Press Trust of India New Delhi
Last Updated : Nov 09 2015 | 2:22 PM IST
Prices of mustard and groundnut oil prices firmed up by Rs 50 per quintal at the wholesale oils and oilseeds market today largely on the back of increased buying by vanaspati mills and retailers to meet ongoing festive season demand.
Linseed oil, in the non-edible section, also went up on increased demand from paint industries.
Traders said pick up in buying by vanaspati mills and retailers against restricted arrivals from producing regions, led to the rise in select edible oil prices.
In the national capital, mustard expeller (Dadri) and groundnut mill delivery (Gujarat) oils were up by Rs 50 each to Rs 9,100 and Rs 8,300 per quintal respectively.
Among non-edible, linseed oil edged up by Rs 50 to Rs 9,000 per quintal.
Following are today's quotations (in Rs per quintal):

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Oilseeds: Mustard seed Rs 2,950-3,050 and Groundnut Seed Rs 2,150-2,900. Vanaspati Ghee (15-litre tin) Rs 850-1,065.
Edible oils: Groundnut Mill Delivery (Gujarat) Rs 9,100, Groundnut Solvent Refined (per tin) Rs 1,700-1,750, Mustard expeller (Dadri) Rs 8,300, Mustard Pakki Ghani (per tin) Rs 1,445-1,495, Mustard Kachi Ghani (per tin) Rs 1,485-1,585, Sesame Mill delivery Rs 7,900, Soyabean Refined Mill Delivery (Indore) Rs 6,750, Soyabean Degum (Kandla) Rs 6,450, Crude Palm Oil (Ex-Kandla) Rs 4,200, Cottonseed Mill Delivery (Haryana) Rs 5,900, Palmolein (RBD) Rs 5,550, Palmolein (Kandla) Rs 5,500 and Coconut (per tin) Rs 2,150-2,200.
Non-edible oils: Linseed Rs 9,000, Castor Rs 9,950-10,050, Neem Rs 5,350-5,450.

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First Published: Nov 09 2015 | 2:22 PM IST

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