Retail buying lifts palmolein oil prices by Rs 100

Palmolein oil prices rose by Rs 100 per quintal at the wholesale oil and oilseed market today on pick up in demand from retailers and vanaspati millers.
Linseed oil, in the non-edible section, also edged up on increased offtake by paint industries.
Traders said pick up in demand from retailers and vanaspati millers amid a firm global trend mainly led to rise in palmolein oil prices.
In the national capital, palmolein (rbd) and palmolein (kandla) oils rose by Rs 100 each to Rs 5,400 and Rs 5,300 per quintal respectively.
Among non-edible, linseed oil moved up by Rs 50 to Rs 8,500 per quintal.

Following are today's quotations (in Rs per quintal):

Oilseeds: Mustard seed Rs 2,950-3,050 and groundnut seed Rs 2,150-2,900. Vanaspati Ghee (15-litre tin) Rs 850-1,065.
Edible oils: Groundnut Mill Delivery (Gujarat) Rs 9,000, Groundnut Solvent Refined (per tin) Rs 1,675-1,725, Mustard expeller (Dadri) Rs 7,650, Mustard Pakki Ghani (per tin) Rs 1,300-1,350, Mustard Kachi Ghani (per tin) Rs 1,350-1,450,sesame mill delivery Rs 7,900, Soyabean Refined Mill Delivery(Indore) Rs 6,500, Soyabean Degum (Kandla) Rs 6,200, Crude Palm Oil (Ex-Kandla) Rs 4,150, Cottonseed Mill Delivery (Haryana) Rs 5,730, Palmolein (RBD) Rs 5,400, Palmolein (Kandla) Rs 5,300 and Coconut (per tin) Rs 2,050-2,100.
Non-edible oils: Linseed Rs 8,500, Castor Rs 9,850-9,950, Neem Rs 5,350-5,450.