Palmolein oils rise on increased buying

Palmolein oil prices firmed up by Rs 50 per quintal at the wholesale oils and oilseeds market today on increased buying by vanaspati millers.
However, other edible and non-edible oils continued to trade in a narrow range in scattered deals and settled around previous levels.
Traders said increased buying by vanaspati millers to meet the rising festive season demand mainly 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 5,900 and Rs 5,700 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) 7,550, Groundnut Solvent Refined (per tin) 1,300-1,350, Mustard expeller (Dadri) 7,250, Mustard Pakki Ghani (per tin) 1,225- 1,275, Mustard Kachi Ghani (per tin) 1,275-1,375, sesame mill delivery 8,300, Soyabean Refined Mill Delivery (Indore) 6,550, Soyabean Degum (Kandla) 6,250, Crude Palm Oil (Ex-Kandla) 4,800, Cottonseed Mill Delivery (Haryana) 6,250, Palmolein (RBD) Rs 5,900, Palmolein (Kandla) 5,700 and Coconut (per tin) 2,700-2,775.
Non-edible oils: Linseed 8,000, Castor 9,650-9,750, Neem 5,350-5,450.