Business Standard

Palmolein oil rises on retailers demand

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Press Trust of India New Delhi

Palmolein oil prices rose up to Rs 20 per quintal in an otherwise steady wholesale oils and oilseeds market today amid demand from retailers.  

Elsewhere, other edible and non-edible oils continued to trade in a narrow range int he absence of worthwhile activity and settled around previous levels.

Market analysts said scattered demand from retailers mainly led to the rise in palmolein oil prices. 

In the national capital, palmolein (rbd) and palmolein (Kandla) oils rose by Rs 20 and Rs 10 to Rs 5,950 and Rs 5,640 per quintal, respectively.  

Following were today's quotations: 

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) 8,500, groundnut Solvent refined (per tin) 1,450-1,460, Mustard Expeller (Dadri) 6,020, 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) 6,520, Soyabean  degum (Kandla) 6,020, Crude Palm Oil (Ex-kandla) 5,250, Cottonseed mill delivery (Haryana) 5,560

Palmolein (RBD) Rs 5,950 Palmolein (Kandla) 5,640, Rice bran (phy) 3,750 and Coconut (per tin) 1,700-1,760

Non-edible oils: Linseed 4,550, Mahuwa 4,000, Castor 8,400-8,500, 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

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First Published: Aug 03 2011 | 3:40 PM IST

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