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Mustard, soybean oils up on millers' buying

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Press Trust of India New Delhi
Last Updated : Sep 18 2018 | 3:00 PM IST

Prices of mustard and soybean oils rose by Rs 50 per quintal at the wholesale oils and oilseeds market Tuesday on emergence of buying by Vanaspati millers amid restricted supplies.

Castor oil in the non-edible section, also, edged up on increased offtake by consuming industries.

Traders said increased buying by Vanaspati millers following pick up in demand from retailers against restricted arrivals from growing regions, mainly led to rise in mustard and soybean oil prices.

In the national capital, mustard expeller (Dadri) oil traded higher by Rs 50 to Rs 8,500 per quintal. Mustard pakki and kachi ghani oils traded higher by Rs 10 each to Rs 1,315-1,360 and Rs 1,365-1,465 per tin, respectively.

Soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils also hardened by Rs 50 each to Rs 7,800 and Rs 7,400 per quintal, respectively.

Among non-edibles, Castor oil too, finished higher by Rs 100 to Rs 7,800-7,900 per quintal.

Following are today's quotations (in Rs per quintal):

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First Published: Sep 18 2018 | 3:00 PM IST

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