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Palmolein, linseed oil up on millers, industrial demand

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Press Trust of India New Delhi
Last Updated : Oct 10 2015 | 2:42 PM IST
In restricted activity, palmolein oil prices rose by Rs 40 per quintal at the wholesale oils and oilseeds market in the national capital today as millers and retailers indulged in buying activity.
Among the non-edibles, linseed oil also edged higher on the back of pick up in industrial demand.
Traders said pick up in buying by millers as well as retailers, mainly pushed up palmolein oil prices.
In the edible section, palmolein (RBD) and palmolein (Kandla) oils remained firm and gathered another Rs 40 each to close at Rs 5,620 and Rs 5,550 per quintal, respectively.
Among industrial oils, linseed oil was up Rs 10 at Rs 8,600 per quintal on increased offtake by consuming 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-liter tin) Rs 850-1,065.
Edible oils: Groundnut Mill Delivery (Gujarat) Rs 9,020, Groundnut Solvent Refined (per tin) Rs 1,680-1,730, Mustard expeller (Dadri) Rs 7,960, Mustard Pakki Ghani (per tin) Rs 1,345-1,395, Mustard Kachi Ghani (per tin) Rs 1,385-1,485, Sesame Mill delivery Rs 7,900, Soyabean Refined Mill Delivery (Indore) Rs 6,670, Soyabean Degum (Kandla) Rs 6,370, Crude Palm Oil (Ex-Kandla) Rs 4,230, Cottonseed Mill Delivery (Haryana) Rs 5,900, Palmolein (RBD) Rs 5,620, Palmolein (Kandla) Rs 5,550 and Coconut (per tin) Rs 2,050-2,100.
Non-edible oils: Linseed Rs 8,600, Castor Rs 9,890-9,990, Neem Rs 5,350-5,450.

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First Published: Oct 10 2015 | 2:42 PM IST

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