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Palmolein oil up on retailers buying

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Press Trust of India New Delhi
Last Updated : May 02 2014 | 2:51 PM IST
In thin trading, palmolein oil prices rose by Rs 50 per quintal in an otherwise steady wholesale oils and oilseeds market today on scattered buying by retailers.
Castor oil in the non-edible section, also showed some strength on increased offtake by consuming industries.
Traders said increased offtake by retailers to meet rise in demand, mainly led to rise in palmolein oil prices.
In the national capital, palmolein (rbd) and palmolein (Kandla) oils rose by Rs 50 each to Rs 6,900 and Rs 6,550 per quintal respectively.
Among non-edible oils, castor traded Rs 50 higher at Rs 9,500-9,600 per quintal.
The following were today's quotations per quintal:
Oilseeds: Mustardseed 2,950-3,050 and Groundnut Seed 2,150-2,900.

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Vanaspati Ghee (15-litre tin) 1,120-1,340.
Edible oils: Groundnut Mill Delivery (Gujarat) 7,400, Groundnut Solvent Refined (per tin) 1,900-1,950, Mustard expeller (Dadri) 7,300, Mustard Pakki Ghani (per tin) 1,290-1,370, Mustard Kachi Ghani (per tin) 1,375-1,475, Sunflower 6,300, Sesame Mill Delivery 9,600, Soybean Refined Mill Delivery (Indore) 7,550, Soyabean Degum (Kandla) 7,350, Crude Palm Oil (Ex-Kandla) 5,750, Cottonseed Mill Delivery (Haryana) 6,250, Palmolein (RBD) Rs 6,900, Palmolein (Kandla) 6,550, Rice Bran (phy) 3,800 and Coconut (per tin) 1,900-1,950.
Non-edible oils: Linseed 7,400, Mahuwa 4,000, Castor 9,500-9,600, Neem 5,300-5,400, Rice Bran 3,150-3,250 and Palm Fatty 3,200-3,300.
Oilcakes: Groundnut Dehusk 800-850, Sesame 950-1,150, Mustard (New) 1,000-1,025, Mustard 1,200-1,210 and Cottonseed 1,075-1,175.

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First Published: May 02 2014 | 2:51 PM IST

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