Don’t miss the latest developments in business and finance.

Select edible oils up in mix trading

Image
Press Trust of India New Delhi
Last Updated : Feb 16 2015 | 2:45 PM IST
The wholesale oils and oilseeds market depicted a mixed trend today as groundnut and cottonseed mill delivery oils strengthened on millers and retailers buying, while a few others remained weak on adequate supplies.
However, non-edible oils continued to move in a narrow range on scattered support and settled at last levels.
Traders said scattered buying by vanaspati millers, mainly led to the rise in groundnut and cottonseed oil prices.
They said, however, adequate stocks position against lack of buying support kept other edible oils lower.
In the national capital, groundnut mill delivery (Gujarat) and cottonseed mill delivery (Haryana) oils were up by Rs 100 each to Rs 8,450 and Rs 5900 per quintal respectively.
On the other hand, soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils, however, were down by Rs 100 each to Rs 6,700 and Rs 6,400 per quintal respectively. Crude palm oil (ex-kandla) traded lower by a similar margin to Rs 4,250 per quintal.

Also Read

Palmolein (rbd) and palmolein (Kandla) oils declined by Rs 100 each to Rs 5,750 and Rs 5,600 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) 930-1,100.
Edible oils: Groundnut Mill Delivery (Gujarat) 8,450, Groundnut Solvent Refined (per tin) 1,400-1,450, Mustard expeller (Dadri) 7,850, 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) 6,700, Soyabean Degum (Kandla) 6,400, Crude Palm Oil (Ex-Kandla) 4,250, Cottonseed Mill Delivery (Haryana) 5,900, Palmolein (RBD) 5,750, Palmolein (Kandla) 5,600 and Coconut (per tin) 2,350-2,400.
Non-edible oils: Linseed 8,400, Castor 9,700-9,800, Neem 5,350-5,450.

More From This Section

First Published: Feb 16 2015 | 2:45 PM IST

Next Story