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Soyabean, crude oils rise on scattered demand

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Press Trust of India New Delhi
Last Updated : Feb 12 2018 | 2:50 PM IST
Prices of soyabean and crude oil edged up by Rs 50 per quintal at the wholesale oils and oilseeds market today due to mild demand from retailers.
However, other edible and non-edible oils held steady in thin trade.
Marketmen attributed the rise in soyabean and crude palm oil prices to scattered demand from retailers.
In the national capital, soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils were trading up by Rs 50 each to Rs 7,650 and Rs 7,250 per quintal, respectively.
Crude palm oil (ex-kandla) also enquired higher by a similar margin to Rs 5,250 per quintal.
Following are today's quotations (in Rs per quintal):

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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 8,800, 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 8,750, Soybean Refined Mill Delivery (Indore) Rs 7,650, Soybean Degum (Kandla) Rs 7,250, Crude Palm Oil (Ex-Kandla) Rs 5,250, Cottonseed Mill Delivery (Haryana) Rs 6,850, Palmolein (RBD) Rs 6,350, Palmolein (Kandla) Rs 6,400 and Coconut (per tin) Rs 3,000-3,050.
Non-edible oils: Linseed Rs 9,000, Castor Rs 8,200-8,300, Neem Rs 5,350-5,450.

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First Published: Feb 12 2018 | 2:50 PM IST

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