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Mustard oil improves on local demand

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Press Trust of India New Delhi

In limited deals, mustard oil prices rose by Rs 20 per quintal in the wholesale oils and oilseeds market today on pick up in demand from retailers and vanaspati units.

Castor oil in the non-edible section also showed some strength on fresh exports enquiries.

Traders said pick up in local demand helped mustard oil prices to gains fresh ground.

In the edible section, mustard expeller oil gained Rs 20 to Rs 4,770 per quintal.

Among non-edible, castor oil also rose Rs 100 to Rs 6,950-7,050 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) 7,100, groundnut Solvent refined (per tin) 1,160-1,170, Mustard Expeller (Dadri) 4,770, Mustard Pakki ghani (per tin) 665-820, Mustard kachi ghani (per tin) 820-920, Sunflower 6,300, Sesame mill delivery 5,800, Soybean Refined mill delivery (Indore) 4,420 Soyabean degum (Delhi) 4,320, Crude Palm Oil (Ex-kandla) 3,720, Cottonseed mill delivery (Haryana) 4,020, Palmolein (RBD) 4,180, Rice bran (phy) 3,750 and Coconut (per tin) 960-990.

Non-edible oils: Linseed 3,950, Mahuwa 4,000, Castor 6,950-7,050, 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: Jun 15 2010 | 4:10 PM IST

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