Soyabean oil moves up on scattered demand
Press Trust of India New Delhi Soyabean oil prices rose by Rs 50 per quintal at the wholesale oils and oilseeds market today on mild demand from retailers.
However, other edible and non-edible oils moved in a narrow range in limited deals and settled around previous levels.
Traders said scattered demand from retailers mainly attributed the rise in soyabean oil prices.
In the national capital, soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils were up by Rs 50 each to Rs 6,850 and Rs 6,550 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 800-1,000.
Edible oils: Groundnut Mill Delivery (Gujarat) Rs 10,100,Groundnut Solvent Refined (per tin) Rs 1,800-1,900, Mustard expeller (Dadri) Rs 8,500, Mustard Pakki Ghani (per tin) Rs 1,350-1,395, Mustard Kachi Ghani (per tin) Rs 1,400-1,500, Sesame Mill delivery Rs 8,300, Soybean Refined Mill Delivery (Indore) Rs 6,850, Soybean Degum (Kandla) Rs 6,550, Crude Palm Oil (Ex-Kandla) Rs 4,700, Cottonseed Mill Delivery (Haryana) Rs 6,800, Palmolein (RBD) Rs 6,150, Palmolein (Kandla) Rs 6,200 and Coconut (per tin) Rs 1,850-1,900.
Non-edible oils: Linseed Rs 9,850, Castor Rs 9,750-9,850, Neem Rs 5,350-5,450.