Retailers buying lifts groundnut oil prices

Groundnut mill delivery oil prices edged higher at the wholesale oils and oilseeds market today largely on the back of increased demand from retailers.
Movements in other edible and non-edible oils remained restricted in the absence of any worthwhile activity, and settled at their previous levels.
Traders said scattered buying by retailers amid restricted arrivals from producing belts mainly led to the rise in groundnut oil prices.
In the national capital, groundnut mill delivery (Gujarat) oil moved up by Rs 50 to Rs 8,850 per quintal.
Following are today's quotations (in Rs per quintal):
Oilseeds: Mustardseed Rs 2,950-3,050 and Groundnutseed Rs 2,150-2,900. Vanaspati Ghee (15-litre tin) Rs 930-1,070.

Edible oils: Groundnut Mill Delivery (Gujarat) Rs 8,850, Groundnut Solvent Refined (per tin) Rs 1,600-1,650, Mustard expeller (Dadri) Rs 7,400, Mustard Pakki Ghani (per tin) Rs 1,250-1,300, Mustard Kachi Ghani (per tin) Rs 1,300-1,400, sesame mill delivery Rs 8,000, Soyabean Refined Mill Delivery (Indore) Rs 6,700, Soyabean Degum (Kandla) Rs 6,400, Crude Palm Oil (Ex-Kandla) Rs 4,300, Cottonseed Mill Delivery (Haryana) Rs 5,700, Palmolein (RBD) Rs 5,700, Palmolein (Kandla) Rs 5,600 and Coconut (per tin) Rs 2,250-2,275.
Non-edible oils: Linseed Rs 8,500, Castor Rs 9,800-9,900, Neem Rs 5,350-5,450.