Palmolein oil up on local demand
Press Trust of India New Delhi Palmolein oil prices edged up by Rs 50 per quintal in an otherwise steady wholesale oil and oilseed market today on fresh buying by vanaspati millers.
However, other edible and non-edible oils moved in a tight range on little doing and settled around previous levels.
Traders said some buying by vanaspati millers mainly led to rise in palmolein oil prices.
In the national capital, palmolein (rbd) and palmolein (Kandla) oils were up by Rs 50 each to Rs 5,250 and Rs 5,150 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 850-1,065.
Edible oils: Groundnut Mill Delivery (Gujarat) Rs 8,950, Groundnut Solvent Refined (per tin) Rs 1,675-1,725, Mustard expeller (Dadri) Rs 7,600, Mustard Pakki Ghani (per tin) Rs 1,300-1,350, Mustard Kachi Ghani (per tin) Rs 1,350-1,450, sesame mill delivery Rs 7,900, Soyabean Refined Mill Delivery (Indore) Rs 6,450, Soyabean Degum (Kandla) Rs 6,150, Crude Palm Oil (Ex-Kandla) Rs 4,100, Cottonseed Mill Delivery (Haryana) Rs 5,700, Palmolein (RBD) Rs 5,250, Palmolein (Kandla) Rs 5,150 and Coconut (per tin) Rs 2,050-2,100.
Non-edible oils: Linseed Rs 8,450, Castor Rs 9,800-9,900, Neem Rs 5,350-5,450.