Palmolein, soyabean oils rise on fresh buying

Prices of palmolein and soyabean oils gained Rs 50 per quintal at the wholesale oils and oilseeds market today on fresh buying by vanaspati millers.
In the non-edible section, castor oil traded higher on increased offtake by consuming industries.
Traders said fresh buying by vanaspati millers led to the rise in palmolein and soyabean oil prices.
In the national capital, palmolein (rbd) and palmolein (Kandla) oils rose by Rs 50 each to Rs 5,950 and Rs 5,800 per quintal, respectively. Crude palm oil (ex-kandla) also moved up by a similar margin to Rs 4,350 per quintal.
Soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils too went up by Rs 50 each to Rs 6,900 and Rs 6,600 per quintal, respectively.

Castor oil edged up by Rs 50 to Rs 9,750-9,850 per quintal.

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) 930-1,100.
Edible oils: Groundnut Mill Delivery (Gujarat) 8,400, Groundnut Solvent Refined (per tin) 1,400-1,450, Mustard expeller (Dadri) 7,900, Mustard Pakki Ghani (per tin) 1,250- 1,300, Mustard Kachi Ghani (per tin) 1,300-1,400, sesame mill delivery 7,500, Soyabean Refined Mill Delivery (Indore) 6,900, Soyabean Degum (Kandla) 6,600, Crude Palm Oil (Ex-Kandla) 4,350, Cottonseed Mill Delivery (Haryana) 5,800, Palmolein (RBD) 5,950, Palmolein (Kandla) 5,800 and Coconut (per tin) 2,350-2,400.
Non-edible oils: Linseed 8,400, Castor 9,750-9,850, Neem 5,350-5,450.