Palmolein, soyabean oils up on demand from retailers

Prices of palmolein and soyabean oil moved up by Rs 50 per quintal at the wholesale oils and oilseeds market today largely on scattered buying by retailers.
However, other edible and non-edible oils continued to move in a tight range in limited deals and settled around previous levels.
Traders said some buying support from retailers mainly 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 5,900 and Rs 5,700 per quintal respectively.
Soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils also enquired higher by a similar margin to Rs 6,700 and Rs 6,400 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) 7,750, 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 8,100, Soyabean Refined Mill Delivery (Indore) 6,700, Soyabean Degum (Kandla) 6,400, Crude Palm Oil (Ex-Kandla) 4,600, Cottonseed Mill Delivery (Haryana) 5,900, Palmolein (RBD) 5,900, Palmolein (Kandla) 5,700 and Coconut (per tin) 2,600-2,650.
Non-edible oils: Linseed 8,150, Castor 9,600-9,700, Neem 5,350-5,450.