Palmolein oils rise on scattered buying

Palmolein oil prices rose by Rs 50 per quintal in an otherwise steady wholesale oils and oilseeds market today on scattered buying from retailers.
However, other edible and non-edible oils continued to trade in a tight range in restricted deals and settled around previous levels.
Traders said scattered buying from retailers 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 5,700 and Rs 5,500 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) 960-1,130.
Edible oils: Groundnut Mill Delivery (Gujarat) 7,850, Groundnut Solvent Refined (per tin) 1,350-1,400, Mustard expeller (Dadri) 7,150, Mustard Pakki Ghani (per tin) 1,200- 1,250, Mustard Kachi Ghani (per tin) 1,250-1,350, sesame mill delivery 8,000, Soyabean Refined Mill Delivery (Indore) 6,500, Soyabean Degum (Kandla) 6,200, Crude Palm Oil (Ex-Kandla) 4,400, Cottonseed Mill Delivery (Haryana) 5,850, Palmolein (RBD) 5,700, Palmolein (Kandla) 5,500 and Coconut (per tin) 2,550-2,575.
Non-edible oils: Linseed 8,150, Castor 9,550-9,650, Neem 5,350-5,450.