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

Soyabean oil edges higher on retailers buying

Image
Press Trust of India New Delhi
Last Updated : Oct 16 2015 | 2:48 PM IST
Soyabean oil prices edged up by Rs 10 per quintal at the wholesale oils and oilseeds market today following pickup in retailers demand.
However, other edible and non-edible oils moved in a narrow range in limited deals and settled around previous levels.
Marketmen said pickup in demand from retailers and reports of a firm global trend mainly led to rise in soyabean oil prices.
In the national capital, soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils were marginally up by Rs 10 each to Rs 6,700 and Rs 6,400 per quintal respectively.
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 9,100, Groundnut Solvent Refined (per tin) Rs 1,700-1,750, Mustard expeller (Dadri) Rs 8,100, Mustard Pakki Ghani (per tin) Rs 1,395-1,445, Mustard Kachi Ghani (per tin) Rs 1,435-1,535, 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 4,250, Cottonseed Mill Delivery (Haryana) Rs 6,000, Palmolein (RBD) Rs 5,700, Palmolein (Kandla) Rs 5,630 and Coconut (per tin) Rs 2,050-2,100.
Non-edible oils: Linseed Rs 8,700, Castor Rs 9,900-10,000, Neem Rs 5,350-5,450.

More From This Section

First Published: Oct 16 2015 | 2:48 PM IST

Next Story