Palmolein oil strengthens on sustained buying

Palmolein oil prices strengthened by Rs 50 per quintal in an otherwise steady wholesale oils and oilseeds market today on sustained buying by vanaspati millers.
However, other edible and non-edible oils traded in a narrow range in scattered deals and settled at previous levels.
Traders said sustained buying by vanaspati millers kept palmolein oil prices higher.
In the national capital, palmolein (RBD) and Palmolein (Kandla) oils advanced by Rs 50 each to Rs 5,850 and Rs 5,800 per quintal,respectively.
Following are today's quotations (in Rs per quintal):
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 9,700, Groundnut Solvent Refined (per tin) Rs 1,700-1,800, Mustard expeller (Dadri) Rs 8,100, Mustard Pakki Ghani (per tin) Rs 1,250-1,300, Mustard Kachi Ghani (per tin) Rs 1,300-1,400, Sesame Mill delivery Rs 6,800, Soybean Refined Mill Delivery (Indore) Rs 6,750, Soybean Degum (Kandla) Rs 6,450, Crude Palm Oil (Ex-Kandla) Rs 4,280, Cotton seed Mill Delivery (Haryana) Rs 5,800, Palmolein (RBD) Rs 5,850, Palmolein (Kandla) Rs 5,800 and Coconut (per tin) Rs 1,700-1,750.
Non-edible oils: Linseed Rs 9,250, Castor Rs 9,500-9,600, Neem Rs 5,350-5,450.