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Edible oils remain up on millers, retailers buying

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Press Trust of India New Delhi

Select edible oils continued their upward journey and prices edged up by another Rs 10 per quintal at wholesale oils and oilseeds market in Delhi on increased offtake.

Marketmen said pick up in buying by vanaspati millers on firming global trend mainly led to a rise in select wholesale edible oil prices.

They said firming trend in overseas market also supported the uptrend. Meanwhile, palm oil for August-delivery rose 0.8 per cent to $751 a metric tonne on the Malaysia Derivatives Exchange.

In the edible section, soyabean refined mill delivery (Indore) and soyabean degum (Delhi) added Rs 10 each to Rs 4,480 and Rs 4,330, while crude palm oil (ex-kandla) and palmolein (rbd) traded higher by the same margin at Rs 3,680 and 4,130 per quintal.

 

Following are today's quotations in Rs 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 (Gujarat) 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) 4,480 Soyabean degum (Delhi) 4,330, Crude Palm Oil (Ex-kandla) 3,680, Cottonseed mill delivery (Haryana) 4,010, Palmolein (RBD) 4,130, 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 20 2010 | 5:34 PM IST

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