Palmolein oils recover on fresh buying

Supported by increased buying by retailers to meet rising demand, prices of palmolein recovered by Rs 50 per quintal at the wholesale oils and oilseeds market today.
However, other edible and non-edible oils moved in a narrow range in limited deals and settled around previous levels.
Traders said scattered buying support from retailers led to the rise in palmolein oil prices.
In the national capital, palmolein (rbd) and palmolein (Kandla) oils moved up by Rs 50 each to Rs 5,750 and Rs 5,550 per quintal, respectively.
Following are today's quotations (in Rs per quintal):
Oilseeds: Mustard seed 2,950-3,050 and Groundnut Seed 2,150-2,900.

Vanaspati Ghee (15-litre tin) 1,000-1,200.
Edible oils: Groundnut Mill Delivery (Gujarat) 7,200, Groundnut Solvent Refined (per tin) 1,300-1,350, Mustard expeller (Dadri) 7,200, Mustard Pakki Ghani (per tin) 1,225- 1,275, Mustard Kachi Ghani (per tin) 1,275-1,375, sesame mill delivery 8,100, Soyabean Refined Mill Delivery (Indore) 6,300, Soyabean Degum (Kandla) 6,000, Crude Palm Oil (Ex-Kandla) 4,800, Cottonseed Mill Delivery (Haryana) 6,050, Palmolein (RBD) Rs 5,750, Palmolein (Kandla) 5,550 and Coconut (per tin) 2,700-2,775.
Non-edible oils: Linseed 7,850, Castor 9,600-9,700, Neem 5,350-5,450.