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Mustard oil rises on uptick in demand

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Press Trust of India New Delhi
Last Updated : Jul 21 2016 | 2:57 PM IST
Barring a rise in mustard oil on pick up in demand from local parties amid restricted supplies from producing belts, other edible oils held steady at the wholesale oils and oilseeds market today in thin trade.
However, linseed oil in the non-edible section, eased on reduced offtake by consuming industries.
Marketmen said upsurge in demand from local parties against restricted supplies from producing regions mainly pushed up mustard oil prices.
In the national capital, mustard expeller (Dadri)oil rose by Rs 100 to Rs 8,800 per quintal.
On the other hand, in the non-edible section, linseed oil declined by Rs 50 to Rs 9,700 per quintal on lack of demand from paint industries.
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 800-1,000.
Edible oils: Groundnut Mill Delivery (Gujarat) Rs 13,300, Groundnut Solvent Refined (per tin) Rs 1,950-2,000, Mustard expeller (Dadri) Rs 8,800, Mustard Pakki Ghani (per tin) Rs 1,400-1,450, Mustard Kachi Ghani (per tin) Rs 1,450-1,550, Sesame Mill delivery Rs 7,700, Soybean Refined Mill Delivery (Indore) Rs 6,750, Soybean Degum (Kandla) Rs 6,450, Crude Palm Oil (Ex-Kandla) Rs 4,400, Cottonseed Mill Delivery (Haryana) Rs 6,500, Palmolein (RBD) Rs 5,850, Palmolein (Kandla) Rs 5,900 and Coconut (per tin) Rs 1,550-1,600.
Non-edible oils: Linseed Rs 9,700, Castor Rs 9,650-9,750, Neem Rs 5,350-5,450.

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First Published: Jul 21 2016 | 2:57 PM IST

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