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Palmolein oils up on retailers demand

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Press Trust of India New Delhi
Last Updated : Oct 30 2017 | 3:02 PM IST
Palmolein oil prices edged up by 50 per quintal at the wholesale oils and oilseeds market today on pick-up in demand from retailers.
Coconut oil also ended higher.
However, other edible and non-edible oils moved in a narrow range in limited deals and pegged at last levels.
Traders said pick-up in demand from retailers, 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 6,100 and Rs 6,150 per quintal respectively.
Coconut oil was also seen in demand and finished higher at Rs 2,550-2,600 from previous level of Rs 2,450-2,500 per tin.
Following are today's quotations (in Rs per quintal):

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Oilseeds: Mustard seed Rs 2,950-3,050 and Groundnut seed Rs 2,150-2,900. Vanaspati Ghee (15-litre tin) Rs 800-1,000.
Edible oils: Groundnut Mill Delivery (Gujarat) Rs 9,000, Groundnut Solvent Refined (per tin) Rs 1,650-1,750, Mustard expeller (Dadri) Rs 7,950, Mustard Pakki Ghani (per tin) Rs 1,300-1,345, Mustard Kachi Ghani (per tin) Rs 1,350-1,450, Sesame Mill delivery Rs 7,700, Soybean Refined Mill Delivery (Indore) Rs 7,050, Soybean Degum (Kandla) Rs 6,650, Crude Palm Oil (Ex-Kandla) Rs 4,850, Cottonseed Mill Delivery (Haryana) Rs 6,350, Palmolein (RBD) Rs 6,100, Palmolein (Kandla) Rs 6,150 and Coconut (per tin) Rs 2,550-2,600.
Non-edible oils: Linseed Rs 8,800, Castor Rs 8,900-9,000, Neem Rs 5,350-5,450.

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First Published: Oct 30 2017 | 3:02 PM IST

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