Edible oils flared up to Rs 380 per quintal on the wholesale oils and oilseeds market today on brisk buying by vanaspati mills and retailers to meet the coming marriage season demand.
Traders said brisk buying by vanaspati millers, driven by marriage season demand amid rising trend in overseas market.
Meanwhile, palm oil futures for the January-delivery contract gained 1.4 per cent to $1,101 a tonne, the highest level since July 17, 2008, on the Malaysia Derivatives Exchange.
In the national capital, soyabean refined mill delivery (Indore) gained the most by rising Rs 380 to Rs 5,700 per quintal, while crude palm oil (ex-kandla) and palmolein (rbd) oils surged by Rs 350 and Rs 250 to Rs 4,750 and Rs 5,550 per quintal on firming global trend.
Mustard expeller (Dadri) oil rose by Rs 200 to Rs 5,550 per quintal on local parties demand and mustard pakki and kachi ghani oils traded higher by Rs 10 each to Rs 745-900 and Rs 900-1,000 per tin, respectively.
In line with a general firm trend, ground mill delivery (Gujarat) shot up by Rs 200 to Rs 7,000 per quintal, while groundnut solvent refined traded higher by Rs 10 to Rs 1,420-1,430 per tin.
Cottonseed mill delivery (Haryana) oil, too, traded in positive zone with a jump of Rs 180 to Rs 4,900 per quintal.
In the non-edible section, neem oil gained Rs 50 to Rs 3,750-3,850 per quintal on increased offtake by soap units.
Following are today's quotations in Rs per quintal:
Oilseeds: mustard seed 2,525-2,655 and groundnut seed 2,100-2,850.
Vanaspati ghee (15 litres tin) 815-910.
Edible oils: Groundnut mill delivery (Gujarat) 7,000, groundnut Solvent refined (per tin) 1,420-1,430, Mustard Expeller (Dadri) 5,550, Mustard Pakki ghani (per tin) 745-900, Mustard kachi ghani (per tin) 900-1000, Sunflower 6,300, Sesame mill delivery 5,850, soybean Refined mill delivery (Indore) 5,700, Soyabean degum (Delhi) 5,070, Crude Palm Oil (Ex-kandla) 4,750, Cottonseed mill delivery (Haryana) 4,900, Palmolein (RBD) 5,550, Rice bran (phy) 3,750 and Coconut (per tin) 1,200-1,260.
Non-edible oils: Linseed 4,250, Mahuwa 4,000, Castor 8,400-8,500, Neem 3,750-3,850, Rice bran 3,300-3,400 and palm fatty 3,225-3,300.
Oilcakes: groundnut de-husk 800-850, sesame 950-1,150, Mustard (new) 1,000-1,025, Mustard 1,200-1,210 and Cottonseed 1,075-1,175.
