Soyabean oil up on increased retailers demand

In restricted activity, soyabean oil prices spurted by Rs 100 per quintal at the wholesale oils and oilseeds market today on increased demand from retailers.
Castor oil in the non-edible section, also edged higher on increased industrial offtake.
Traders said increased demand from retailers supported by festive season mainly pushed up soyabean oil prices.
In the national capital, soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils were traded higher by Rs 100 each to Rs 6,650 and Rs 6,350 per quintal, respectively.
Among non-edible, castor oil went up by Rs 50 to Rs 9,700- 9,800 per quintal.
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) 1,000-1,200.
Edible oils: Groundnut Mill Delivery (Gujarat) 7,600, Groundnut Solvent Refined (per tin) 1,300-1,350, Mustard expeller (Dadri) 7,300, Mustard Pakki Ghani (per tin) 1,225- 1,275, Mustard Kachi Ghani (per tin) 1,275-1,375, sesame mill delivery 8,300, Soyabean Refined Mill Delivery (Indore) 6,650, Soyabean Degum (Kandla) 6,350, Crude Palm Oil (Ex-Kandla) 4,800, Cottonseed Mill Delivery (Haryana) 6,250, Palmolein (RBD) Rs 5,900, Palmolein (Kandla) 5,700 and Coconut (per tin) 2,700-2,775.
Non-edible oils: Linseed 8,000, Castor 9,700-9,800, Neem 5,350-5,450.