Business Standard

Edible oils prices strengthen on seasonal demand

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Press Trust of India New Delhi

Select edible oil prices strengthened up to Rs 20 per quintal at the wholesale oils and oilseeds market today on increased offtake by vanaspati millers to meet seasonal demand. However, non-edible oils remained steady on lack of enquiries from consuming industries.

Marketmen said sustained buying by vanaspati millers on account of marriage season demand mainly helped select wholesale edible oil prices to rise.

In the edible oil section, soyabean refined mill delivery (Indore) and crude palm oil (Ex-kandla) strengthened by Rs 20 each to Rs 4,470 and Rs 3,670, while cottonseed mill delivery (Haryana) gained Rs 10 to Rs 4,010 per quintal.

 

Following are today's quotations per quintal

Oilseeds: mustard seed 2,500-2,600 and groundnut seed 2,100-2,850.
Vanaspati ghee (15 litres tin) 720-830.

Edible oils: Groundnut mill delivery (Guajrat) 6,900, groundnut Solvent refined (per tin) 1,140-1,150, Mustard Expeller (Dadri) 4,500, Mustard Pakki ghani (per tin) 640-795, Mustard kachi ghani (per tin) 795-895, Sunflower 6,300

Sesame mill delivery 5,800, Soybean Refined mill delivery (Indore) 4,470 Soyabean degum (Delhi) 4,320

Crude Palm Oil (Ex-kandla) 3,670, Cottonseed mill delivery (Haryana) 4,010, Palmolein (RBD) 4,120, Rice bran (phy) 3,750 and Coconut (per tin) 960-990

Non-edible oils: Linseed 4,000, Mahuwa 4,000, Castor 6,450-6,550, Neem 3,600-3,700, Rice bran 3,200-3,300 and palm fatty 3,225-3,300

Oilcakes: groundnut de-husk 800-850, sesame 950-1,150, Mustard (new) 1,025-1,050, Mustard 1,200-1,210 and Cottonseed 1,075-1,175

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First Published: May 19 2010 | 5:30 PM IST

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