Palmolein and crude palm oil prices recovered by Rs 20 per quintal on the wholesale oils and oilseeds market today on fresh buying by vanaspati millers, amid a firming global trend.
Trading sentiments turned better after palm oil advanced in global markets after crude oil climbed to a 30-month high, lifting the appeal of vegetable oils for use in biofuels.
Meanwhile, palm oil futures for the June-delivery contract gained 0.6% to $1,106 per tonne on the Malaysian Derivatives Exchange.
In the national capital, palmolein (rbd) and palmolein (Kandla) oils rose by Rs 20 each to Rs 5,670 and Rs 5,380, while crude palm oil (ex-kandla) traded higher by the same margin to Rs 5,090 per quintal.
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) 1,065-1,140.
Edible oils: Groundnut mill delivery (Gujarat) 7,650, groundnut Solvent refined (per tin) 1,300-1,310, Mustard Expeller (Dadri) 5,550, Mustard Pakki ghani (per tin) 760-915, Mustard kachi ghani (per tin) 915-1,015, Sunflower 6,300, Sesame mill delivery 6,230, soybean Refined mill delivery (Indore) 5,750, Soyabean degum (Kandla) 5,710, Crude Palm Oil (Ex-kandla) 5,090, Cottonseed mill delivery (Haryana) 5,550, Palmolein (RBD)Rs 5,670 Palmolein (Kandla) 5,380, Rice bran (phy) 3,750 and Coconut (per tin) 1,600-1,660.
Non-edible oils: Linseed 4,650, Mahuwa 4,000, Castor 8,600-8,700, Neem 4,050-4,150, Rice bran 3,300-3,400 and palm fatty 3,225-3,300.
Oilcakes: groundnut dehusk 800-850, sesame 950-1,150, Mustard (new) 1,000-1,025, Mustard 1,200-1,210 and Cottonseed 1,075-1,175.
