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Select edible oils rise on demand pick-up

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Press Trust of India New Delhi
Last Updated : Dec 29 2017 | 2:25 PM IST
Select edible oil prices firmed by up to Rs 200 per quintal at the wholesale oils and oilseeds market today on pick up in demand from vanaspati millers and retailers.
Linseed oil in the non-edible section too edged higher on fresh enquiries from paint makers.
Traders said besides surge in demand from vanaspati millers and retailers, restricted supplies from growing regions led to the rise in prices.
In the national capital, groundnut mill delivery (Gujarat) oil advanced by Rs 200 to Rs 9,700 per quintal.
Palmolein (RBD) and palmolein (Kandla) oils rose by Rs Rs 50 each to Rs 6,250 and Rs 6,300 per quintal respectively.
Sesame mill delivery and cottonseed mill delivery (Haryana) oils also went up by Rs 100 each to Rs 8,600 and Rs 6,700 per quintal respectively.

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Coconut oil too quoted higher by Rs 200 to Rs 2,950- 3,000 per tin.
Among non-edible oils, linseed oil went up by Rs 100 to Rs 8,900 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 800-1,000.
Edible oils: Groundnut Mill Delivery (Gujarat) Rs 9,700, Groundnut Solvent Refined (per tin) Rs 1,675-1,775, 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 8,600, Soybean Refined Mill Delivery (Indore) Rs 7,400, Soybean Degum (Kandla) Rs 7,000, Crude Palm Oil (Ex-Kandla) Rs 5,000, Cottonseed Mill Delivery (Haryana) Rs 6,700, Palmolein (RBD) Rs 6,250, Palmolein (Kandla) Rs 6,300 and Coconut (per tin) Rs 2,950-3,000.
Non-edible oils: Linseed Rs 8,900, Castor Rs 8,500-8,600, Neem Rs 5,350-5,450.

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First Published: Dec 29 2017 | 2:25 PM IST

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