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

Spot demand lifts select edible oils

Image
Press Trust of India New Delhi
Last Updated : Sep 06 2016 | 2:42 PM IST
Select edible oil prices rose by up to Rs 100 per quintal at the wholesale oils and oilseeds market today on pick-up in demand from retailers.
However, non-edible oils, moved in a narrow range in scattered deals and settled around the previous levels.
Traders said besides uptick in demand from retailers, restricted supplies from producing belts led to the rise in select edible oil prices.
In the national capital, soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils strengthened by Rs 100 each to Rs 6,900 and Rs 6,600, while crude palm oil (ex-kandla) traded higher by Rs 50 to Rs 4,550 per quintal, respectively.
Coconut oil also traded higher by Rs 50 to Rs 1,700-1,750 per tin.
Following are today's quotations (in Rs per quintal):

Also Read

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 13,700, Groundnut Solvent Refined (per tin) Rs 1,950-2,000, Mustard expeller (Dadri) Rs 8,750, Mustard Pakki Ghani (per tin) Rs 1,400-1,445, Mustard Kachi Ghani (per tin) Rs 1,450-1,550, Sesame Mill delivery Rs 7,900, Soybean Refined Mill Delivery (Indore) Rs 6,900, Soybean Degum (Kandla) Rs 6,600, Crude Palm Oil (Ex-Kandla) Rs 4,550, Cottonseed Mill Delivery (Haryana) Rs 6,450, Palmolein (RBD) Rs 6,100, Palmolein (Kandla) Rs 6,150 and Coconut (per tin) Rs 1,700-1,750.
Non-edible oils: Linseed Rs 9,650, Castor Rs 9,850-9,950, Neem Rs 5,350-5,450.

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Sep 06 2016 | 2:42 PM IST

Next Story